Inside QXO’s growth plan after $30.2 billion acquisition spree
QXO→TopBuild
May 12, 2026
Kreate Oy, a member of Kreate Group, has completed the acquisition of the entire share capital of SRV Infra Oy. The transaction received competition authority approval in November and closed at the end of December 2025.
The enterprise value is approximately EUR 30 million. SRV Infra’s business focuses primarily on underground rock construction, and to a lesser extent foundation and special foundation engineering. SRV Infra reported EUR 52 million revenue in 2024 and EUR 2.6 million operating profit. The acquired company’s business will be reported within Kreate Group’s Finnish structural engineering business from 1 January 2026.
Kreate stated the acquisition has no impact on 2025 guidance.
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