Skanska is divesting its ownership of PCI Skanska Inc. (PCIS) in Indiana, USA, for USD 20M, about SEK 170M
Skanska has signed a binding Stock Purchase Agreement (“SPA”) for its 100 percent ownership of PCI Skanska Inc. (PCIS), a multi-discipline design subsidiary company, for gross sale proceeds of USD 20M, about SEK 170M. The buyer is engineering and facility planning firm Salas O’Brien. The transaction will not have any material impact on profit for the period and is expected to close in the second quarter 2021.PCI Skanska was acquired by Skanska in 2011 along with its sister company, Industrial Contractors Skanska (ICS). ICS remains a wholly-owned subsidiary of Skanska USA Civil. The sale of