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Multevo named in top 400 fastest growing companies in Europe
05 march 25
Multevo named in top 400 fastest growing companies in Europe
Published by the Financial Times, the FT1000: Europe’s Fastest Growing Companies 2025, ranks companies based on their Compound Annual Growth Rate.
Multevo ranked 398 out of 1000 companies across Europe, whilst ranking 68th in the UK, and 61st in the Construction & Engineering category (Europe).
The Financial Times and Statista work together to identify the fastest organically growing companies across Europe and it was through this process that Multevo stood out with an Absolute Growth Rate of 434.9%.
On this achievement, Nick Carter, Director at Multevo comments:
“Since our founding in 2010, our journey has been shaped by the needs of our customers, and by listening to them, we have achieved sustained, year-on-year growth. This recognition is a testament to our ability to adapt, innovate, and create long-term value for all our stakeholders.”
Known for delivering differently, Multevo’s success has come from establishing their local road turnkey solution, which see’s a range of back-office client support functions combined with self-delivered targeted treatments and real-time performance monitoring.
This continuous innovation has played a key role in the business’s sustainable growth as Josh Sweeney, Director of Marketing and Growth explains:
“Our success has been built on strong partnerships, continuous collaboration, and an unwavering commitment to delivering solutions that directly address our clients’ challenges. By understanding their evolving requirements, we have refined our approach, improved efficiencies, and developed forward-thinking strategies that drive results.”
Their unique approach also gained industry recognition last year, taking home two awards – the Highways Award for Team of the Year, and the Department for Transport (DfT) Special Recognition Award for Collaborative Partnership.
Multevo’s journey in the sector has been something quite remarkable. The business generated €5,608,720 revenue in 2020 which increased to €30,967,467 in 2023.
The Financial Times and Statista said:
“This study was conducted for the years between 2020-2023, which we know as the years in which we were all hugely affected by the Covid-19 pandemic and the associated lockdowns, uncertainty and turbulent economic conditions. To achieve such an impressive growth rate within this time frame is exemplary, and its an achievement which should not go unnoticed.”
This period was a crucial time for Multevo who identified opportunities within the highways sector to expand on a fix-first-time road repair solution based on a unique self-delivery model. This also resulted in 300% growth in employment, whilst diversifying into new sectors, and developing several low emission plant and technology innovations to complement their offering.
Their growth aspirations don’t stop here as Nick concludes:
“Looking ahead, we recognise the increasing need for sustainable, cost-effective infrastructure solutions. The highways maintenance sector is evolving, and Multevo is committed to leading that evolution through innovation, operational excellence, and environmentally responsible practices.”
“By challenging traditional methods and prioritising long-term benefits, we are well-positioned to deliver not just commercial success, but also lasting economic and environmental value for our clients, communities, and investors. To our clients and partners—your trust has been instrumental in our progress, and we remain dedicated to helping you achieve your goals. Thank you to everyone who has contributed to this achievement—we look forward to shaping the future together.”
Elsewhere, their growth has allowed them to invest in the skills of their people whilst give back to the communities they serve nationally.
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