Bergteamet AB, with more than 500 employees, is Sweden’s leading mining contractor. After having achieved considerable growth in it’s home market since its inception in 1999, the Boliden based company is now looking to expand internationally. To strengthen Bergteamet financially and in terms of expertise, the current owner, Accent Equity, has agreed to take in the Danish company Polaris Private Equity as a co-lead investor in Bergteamet.

In Sweden, Bergteamet mainly does underground contracting for the Swedish mining industry, with customers such as LKAB, Boliden AB, Lundin Mining AB and Dannemora Magnetit AB. The company has also carried out international projects in e.g. Chile, Argentina, Australia, India, Ireland, Spain, Austria and Iceland. Since 1998, Bergteamet has also had a stake in a jointly owned company in Australia and is currently in the process of registering its subsidiary in Chile. Turnover amounted to SEK 1.2 billion in 2010.

Bergteamet has five divisions: Mining &...