Our history
Over 25 years of experience with critical infrastructure
2000
Netel is founded by Peab, one of the Nordic region’s leading construction and civil engineering companies.
2001
Netel becomes the first Swedish company to sign an agreement for the expansion of a 3G mobile network.
2002
Netel begins operations in Norway and builds a nationwide 2G mobile communication network.
2006
Netel enters the fixed-line network market in Sweden.
2010
Peab sells Netel to its management team. Netel enters the fixed-line network market in Norway.
2013
Netel secures capital through a private equity firm and grows both through acquisitions and organically.
2015
Netel establishes mobile and fixed-line network operations in Finland through acquisitions.
2016
Netel launches power infrastructure operations in Finland.
2017
Infrea is formed, based on the premise that there was a gap in the market for a strong player within infrastructure. The group includes Asfaltsgruppen, BST Brandskyddsteamet, Cleanpipe, and Cija Tank.
Netel launches power infrastructure operations in Sweden and enters the power sector in Norway through the acquisition of Nett-Tjenester.
2018
Infrea is listed on the Nasdaq First North Growth Market and acquires Tälje Mark.
Netel signs its first contract for fixed-line network expansion in Germany.
2019
Infrea moves to the Nasdaq First North Premier Growth Market.
Infrea acquires Mark & VA, Siljan Schakt, and Anläggningsgruppen, and divests its fire protection business area.
2020
Infrea inaugurates Asfaltsgruppen’s new asphalt plant in Vagnhärad and acquires Bramark and Mikaels Grävtjänst.
2021
Both Infrea and Netel are listed on Nasdaq Stockholm.
Infrea acquires Duo Asfalt, Anläggarteamet, and Jonab Anläggning.
Netel acquires six companies — two each within the sectors of infraservices, power, and telecom.
2022
Infrea continues to broaden its service offering and geographical presence through the acquisitions of Upplands Markentreprenader, Rotomill, and Markentreprenader Östersund.
Netel completes two acquisitions in the UK and five in Sweden within the infraservices and power sectors.
2023
Infrea acquires Scandinavian Roadconstruction.
2024
Infrea joins the “Fossil-Free Sweden” (Fossilfritt Sverige) initiative, and Netel’s climate targets are validated by the Science Based Targets initiative.
Infrea carries out a successful, oversubscribed rights issue.
2025
Infrea streamlines its operations and strengthens its balance sheet through the divestment of, among other things, its Water & Wastewater segment, gravel and rock quarries held by Siljan Schakt, and its shares in Cleanpipe and Cija Tank. The operations of Mikaels Grävtjänst are wound down.
Netel celebrates its 25th anniversary. Operations in Finland and the UK are sold.
2026
Netel and Infrea merge in November, forming Netelinfra, a leading Northern European infrastructure services company with a total turnover of approximately SEK 5 billion and over 1,200 employees.
Ahead of the merger with Infrea, Netel carries out a successful, oversubscribed rights issue.