Sikri Holding AS (“Sikri” or “the Company”) announced on Friday 1 April 2022 the strategic acquisition of Metria AB (“Metria”) for an enterprise value of SEK 650 million.
Metria was formed in 2011 in conjunction with the corporatization of a division of Lantmäteriet (the Swedish Mapping Authority). The company has two distinct business areas, Geoinformation and Planning & Surveying, each with complete product and service offerings.
Sikri has developed from a software house specializing in software and services towards the public sector, to becoming a leading company also within property data, property technology and data economics. The Company’s ambition is to build the leading Nordic ecosystem for public administration, property technology, analysis and data. The acquisition of Metria is a significant step in achieving this ambition, establishing Sikri as a powerhouse in the Nordic data and software market. Both Sikri and Metria see expansion across the Swedish-Norwegian border as a natural and strategically sound next step, and as a steppingstone for further Nordic expansion. The combination will strengthen both companies financially, competitively, geographically and from a product offering- and competence perspective.
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