Peab has been commissioned to build a production facility for Koenigsegg's car manufacturing at Valhall Park in Ängelholm. The customer is PEKO Fastighets AB and the contract is worth SEK 191 million. Koenigsegg's production and development center of its customized sports cars is in Ängleholm in a production plant owned by PEKO Fastighets AB, which is jointly owned by Peab and Koenigsegg's parent company. Peab is going to build another production facility which is expected to be ready in March 2023 in connection to Koenigsegg's current plant. The new production facility will be 11,000 m2 and contain a production hall, event space, personnel space, offices and a showroom for new car models. Construction of the new production facilities is a turnkey contract in partnership and building starts in September 2021. The project will be order registered in the third quarter 2021.