In mid-November, Reledo expanded once again with the addition of Enjojj, bringing another specialist business into the growing group, which already included the cleaning companies Exiso, ICG Sverige, Ekebybruk Städ och Lokalservice, Bofint Städservice Sverige and Jörnsveds Charkstäd.
The acquisition includes all companies operating under the Enjojj brand. Together, they supply coffee, fresh fruit, water solutions, workplace refreshments, vending machines and smart fridges to offices and workplaces in Skellefteå, Umeå, Uppsala, Stockholm and Gothenburg.
“Enjojj is an outstanding, well-managed company with a clear focus on growth. By adding premium coffee, beverages and vending solutions to Reledo’s offering, we have taken another important step towards delivering the comprehensive workplace solutions that are central to our strategy. Coffee and other workplace refreshment services are a natural part of that proposition,” says Peter Möller, Managing Partner at Celero Capital, which owns 85% of Reledo, while the entrepreneurs behind the group’s companies own the remaining 15%.
Reledo, in turn, owns 100% of its subsidiary companies.
The focus is now firmly on expanding the group through additional acquisitions and an even broader service offering.
“We are actively working to complement our offering by adding more companies and services. There is strong interest in joining Reledo. Entrepreneurs are attracted to our model, which combines local entrepreneurship with the advantages of being part of a larger group capable of delivering comprehensive workplace solutions to small and medium-sized businesses. Every entrepreneur also becomes a shareholder in Reledo, ensuring that we all share the same incentives to support one another and work towards common goals. There is tremendous strength in that model,” says Peter Möller.
Following the turn of the year, Jonas Warnander will take up the role of Group CEO, while Niclas Olsson will join as CFO. Like Warnander, Olsson has extensive experience from the facility management industry, having previously held senior positions at ISS Facility Services and Sodexo.
Reledo also plans to strengthen its central team, although the company has no ambition to build a large headquarters, as its business model is centred on local entrepreneurship.
“Following the appointments of our CEO and CFO, Reledo will also recruit a Head of M&A and a Business Controller. These roles are important in supporting the group’s continued expansion. However, our operating model is built around entrepreneurship and local decision-making, so we have no intention of creating a large central head office,” says Peter Möller.
Have you already started working under the Reledo brand, or do the companies continue to operate under their existing brands?
“All of the companies within Reledo have strong, well-established brands that are important to both customers and employees. We will continue to meet our customers under those brands. At the same time, we are already seeing several successful examples of cross-selling between our companies, something that Reledo is actively facilitating at group level.”
How do you view the current state of the facility management industry?
“We see a clear trend: companies increasingly recognise the importance of creating attractive workplaces to improve employee satisfaction, which ultimately leads to higher customer satisfaction. We also see growing demand from small and medium-sized businesses for integrated workplace solutions. Before Reledo was established, that need was not being addressed in a clear and focused way.”
Six companies are now part of Reledo. By the end of 2024, how many companies do you expect the group to include?
“We don’t want to put a specific number on it. However, based on the strong interest we’re seeing from companies that want to become part of Reledo, we’re confident that the group will have grown significantly by the time we look back on the year,” says Peter Möller.
By Pernilla Hansson