NCC divests the Swedish and Finnish part of the Road Services division to the German based holding company
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NCC has been preparing for divestment of the Road Services division since 2018 since it has few synergies with other parts of the business and has been loss-making. Earlier this month NCC announced the divestment of the Road Services business in
"Divesting the Road Services division is part of our plan to focus on our core activities.
"We are very much looking forward to taking over the Swedish and Finnish Road Services businesses of NCC and further develop them. I am confident that with our expertise and our recent expansion into the Nordics region we have the capabilities and are the right partner for the sustainable future of the companies," said
The transaction is done through a share purchase agreement and closing is expected in the third quarter 2020. The transaction is subject to customary filing with the Swedish Competition Authorities.
In
NCC will continue to look for opportunities to divest the small Norwegian part of Road Services.
For further information, please contact:
NCC's media line +46 (0)8 585 519 00, E-mail: press@ncc.se, NCC Media bank (https://www.ncc.se/media/bilder-och-film/)
About Mutares Mutares is a holding company that acquires medium sized companies with a potential for improvement. It was established in 2008 and has some 90 co-workers in six offices across
About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of approximately
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