Search

Skanska acquires building services company in Sweden

7/2/1998 12:00 AM CET
Press release

Skanska-owned Reinhold Bygg Stockholm AB has acquired Börje Larsson Bygg i Nyköping AB.

PRESS RELEASE, JULY 2, 1998                               53/98

SKANSKA ACQUIRES BUILDING SERVICES COMPANY IN SWEDEN

Skanska-owned Reinhold Bygg Stockholm AB has acquired Börje Larsson Bygg i Nyköping AB.

The operations of the acquired company, which has annual sales of about SEK 35 M and 18 employees, consist mainly of building service projects within Stockholm County. The company will operate as a subsidiary of Reinhold Bygg Stockholm AB, which has 130 employees and annual sales of approximately SEK 300 M.

The acquisition is in line with Skanska's focus on the after-market.

"Through this acquisition, we strengthen our strategic focus on the building after-market," says Per Stenholm, President of Reinhold Bygg Stockholm AB.

 

Malmö, July 2, 1998

SKANSKA SWEDEN
Information

 


For further information, please contact:Per Stenholm, President of Reinhold Bygg Stockholm AB, telephone: +46 (0)8-619 97 00, or Lisa Lindh, Information Manager, Skanska Sweden, telephone: +46 (0)40-14 41 41.