Knowit acquires Milso

Knowit AB has acquired 100% of Milso AB, a consulting and service company offering expertise in technology, management, and IT, with a focus on clients within the defense sector. Knowit has for many years been a central player in both military and civil defense, working closely with the Swedish Armed Forces, FMV (Swedish Defence Materiel Administration), and the defense industry. This acquisition further strengthens Knowit’s position in the sector. Knowit and Milso already share some clients, and the merger provides an opportunity to deepen these partnerships while enabling the joint organization to take on larger and more complex assignments.

“We are very pleased to welcome our new colleagues from Milso into the Knowit Group. We see great potential to strengthen our position in the defense sector, and with Milso’s long-standing experience and deep expertise in this field, we are broadening our footprint and becoming an even more capable partner for our clients,” says Per Wallentin, President and CEO of Knowit.

“Over the years, Milso has built a unique position based on our employees’ expertise, our long-term contracts, and our assignments in the defense area. Given the current security situation and the growing demand within total defense, we have seen the need to add resources and develop Milso under new conditions. Knowit’s vision of offering the market’s highest level of expertise in technical consulting services to the defense sector gives us the opportunity to further develop the company and create new growth opportunities for our employees,” says Kristian Hammar, CEO of Milso.

The acquisition of Milso AB is expected to be completed during the third quarter. During the autumn, Milso’s operations will be integrated with Knowit’s other businesses serving clients in the defense sector.

Skarpa acted as advisor to the seller in the transaction.

Team:

Niklas Edler

Magdalena Gillström

Caroline Eriksson

Hanna Bygdén

Anton Strid

More information

Press release

Website Knowit

Website Milso