Three Swedish groups announced Portuguese acquisitions on Monday and Tuesday this week. On Monday 2 November Presto Group, the Stockholm-based fire-protection and safety-training group, announced that it had acquired Segmon – Sistemas Globais de Segurança, Lda., a fire-safety service company headquartered in Coimbra. It is Presto’s first acquisition in Portugal. On Tuesday 3 November the Nasdaq Stockholm-listed life-science group AddLife said it had bought MoonSurge, Importação e Exportação de Material Médico, Lda, a Portuguese distributor of surgical devices. The same day Atlas Copco took over the operating assets of Iberoair, a compressed-air distributor in Águeda. No purchase prices were disclosed.
Presto: a platform in Coimbra
Segmon was founded in Coimbra in 2006 by Fernando Luís. It supplies, installs and maintains fire-safety systems, from extinguishers, fire detection and extinguishing systems to fire-hydrant networks, emergency lighting and gas detection, and it also prepares fire-safety projects and self-protection plans and runs safety training. According to Presto’s release, the company has about 50 employees and more than 5,000 customers, working from its Coimbra headquarters and branches in Viseu, Caldas da Rainha and Faro. Presto says Segmon has built its business on long-term maintenance contracts with medium-sized and large customers across the country.
Segmon will keep its own brand and management. Fernando Luís, its CEO and co-owner, will continue to lead the company with co-owners Paulo Vasconcelos and Pedro Grilo, and the three will have an active role in Presto’s further development in Portugal. Segmon will also work with Eurofesa, Presto’s Spanish company, to serve customers operating in both countries. “Entering Portugal is an important step on our journey to become Europe’s leading safety partner,” said Staffan Pehrson, Presto’s president and CEO. “Many of our customers operate in both Spain and Portugal,” added David Lopez, Presto’s country manager for Spain and CEO of Eurofesa. Lisbon law firm SRS Legal advised Presto, with a team led by partner Alexandra Valente.
Presto was founded in Katrineholm, Sweden, in 1959. It now reports turnover of more than SEK 4 billion, more than 2,500 employees in over 135 locations and more than 145,000 customers across Europe. Segmon was one of four acquisitions Presto announced on 2 November. The others were two Spanish fire-protection installers bought through Eurofesa, RBC in Valencia and Arrper in Tenerife, and the Danish wind-industry training provider Global Wind Academy.
AddLife: a second Portuguese deal in two months
MoonSurge has sold medical devices in Portugal since 2003. It specialises in general surgery, urology, gynaecology and cardiac surgery, with a focus on minimally invasive procedures, and it supplies hospitals and clinicians with products from European niche manufacturers. AddLife puts its annual revenue at about €5 million and its headcount at 14. The deal closed on 2 November. MoonSurge becomes an independent subsidiary of MBA Surgical Empowerment, the Spanish surgical-technology distributor in AddLife’s Medtech business area, which has more than 300 employees and already operates in Spain and Portugal. “Becoming part of a group such as AddLife marks an important new chapter in our journey,” said António Leal, CEO of MoonSurge. MBA’s CEO, Carlos Pinto, said the deal strengthens the company’s ability to keep growing in Portugal.
It is AddLife’s second Portuguese purchase this autumn. In September it bought Unicam Sistemas Analíticos, a laboratory-instrument distributor with about €10 million in revenue and 20 employees, for its Labtech business area. AddLife has about 2,300 employees in some 85 operating subsidiaries and net sales of more than SEK 10 billion. NorthSouth HQ tracks the group’s Portuguese companies on its AddLife Portugal profile.
The Swedish compounder model reaches Portugal
The three deals differ in sector but follow the same model. Presto, AddLife and Atlas Copco are serial acquirers. They buy small, profitable specialists with loyal customers, usually keep the founders and the local brand, and run the businesses in a decentralised way under a larger group. Sweden has produced many such groups, often called “compounders” because they reinvest cash flow in a steady series of small acquisitions. Their Portuguese targets so far are distributors and service companies: maintenance contracts for fire systems, surgical consumables sold into hospitals, compressor service for factories. None is a factory or a large employer, but together the three deals announced this week bring roughly 84 Portuguese employees into Swedish groups.
For Portuguese owners, the pattern says something about what these buyers pay for: recurring revenue, a dense customer base and technical staff who are hard to hire. In two of the three cases this week the target reports to a Spanish sister company rather than to Sweden. Presto links Segmon with Eurofesa, and AddLife places MoonSurge under MBA. For many Nordic groups, Portugal is still run as part of an Iberian unit, and Spanish management often decides the next Portuguese deal.
Sources: Presto Group press release, “Presto enters Portugal with the acquisition of leading Portuguese Fire Safety company Segmon, establishing a platform for growth in Portugal” (Mynewsdesk, 2 November 2026), and Presto releases on RBC, Arrper and Global Wind Academy (2 November 2026); Security Magazine (5 November 2026); ECO/Advocatus (4 November 2026); AddLife AB press release, “AddLife acquires MoonSurge” (Stockholm, 3 November 2026); Atlas Copco Group press release (Nacka, 3 November 2026); AddLife press release on Unicam Sistemas Analíticos (9 September 2026).