22 Dec 2025

Cirio Advises Markum Holding AB on Acquisition of JM Entreprenad

"Cirio advised Markum Holding AB on its agreement to acquire JM Entreprenad, a former JM contracting business with approximately 120 employees and about SEK 500 million in annual revenue. Completion is expected in Q1 2026. Markum’s founders plan to further develop the target’s position in civil engineering and groundworks, focusing on land development and infrastructure."

Cirio acted as legal advisor to Markum Holding AB in connection with the acquisition of JM Entreprenad. The transaction involves Markum entering into an agreement to acquire the former JM-owned contracting business. The acquisition comprises a business with approximately 120 employees and annual revenue of approximately SEK 500 million, with completion expected to take place during the first quarter of 2026. Through its founders, Markum has extensive experience in the contracting sector and intends, through the acquisition, to further develop and strengthen the target company’s position within civil engineering and groundworks, with a particular focus on land development and infrastructure projects. Cirio acted as legal advisor to Markum Holding AB with a team composed by: Anders Moberg (Partner, M&A), Johanna Berggren Permatz, Jessica Grönberg, Lisa Ericsson, Klara Sjödin and Alicia Lindholm.
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