How our partnership began

Koble was established in January 2023 when Credo and four electrical installation companies joined forces. Its ambition is to become a leading multi-local electrical installation group in Denmark by growing through acquisitions of well-run installation companies and professionalizing a fragmented industry, all in cooperation with skilled owners and employees. Credo will draw on relevant experience from buy-and-build platforms and former investments in Denmark.

Recent results

Koble’s first years laid the groundwork for sustainable growth, with a focus on M&A and building a group function. The company has completed several acquisitions, established a headquarter, and launched a new brand identity. Koble has emphasized building its group functions and Koble’s strategic focus on service projects over construction and new builds has positioned it well for long-term growth. Maintaining a 10% EBITDA margin with such rapid growth and change agenda is a job well done.

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How we see the future

M&A will continue to be a key focus area with a strong pipeline for the coming years. Several strategic initiatives are ongoing, including further development of the group function, establishment of competence development program and deliberate utilization of digital tools for optimized operations.

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