A strategy built around the Eleda-model
Eleda operates with a simple strategy, which is to 1) grow organically faster than the total market by winning in the most attractive markets, 2) continue to acquire businesses with the same rigour as today, and 3) expanding margins by focusing on the most attractive markets and ensuring local leadership is always close to production. The strategy is enabled by the Eleda-model which allows us to attract and retain the best people in the industry.
The markets in which we operate are characterized by non-cyclical, long-term growth due to electrification, digitalization, urbanization, and historic underinvestment. We focus on high-value segments in the market, with high entry barriers.
We are convinced that infrastructure development and maintenance are best served by strong local leaders and operations. Local leaders know the customers and the market deeply, know the best local employees, and attract the most talented people in their respective markets by offering a unique platform and work culture. At the same time, they benefit from sharing knowledge and resources with other companies in the Group and receive support and tools from Eleda centrally in areas such as governance, financial control, project management, strategic development, acquisitions, succession planning, and ESG.
Due to our reputable operating model in the market and pure-play focus on infrastructure solutions, acquisition processes are often bilateral and Eleda is the “buyer of choice.” Teams join us because they understand the benefit of belonging to a Group that shares their values regarding the importance of decentralization and entrepreneurship, where they can continue to develop their local business while also becoming part-owners in Eleda after the acquisition. They also recognize that in an industry with intensifying customer demands, the ability to share capabilities and leverage the strength of the Group will enable them to take the next step of their growth.
Our industry-leading training programs and initiatives have resulted in low employee turnover, while the number of full-time positions has increased organically by 8% per year over the past four years.
