Peab Acquires Ångström & Mellgren
Peab has entered into an agreement to acquire all shares in the company Ångström & Mellgren AB. The company conducts operations within project development, construction and construction maintenance in the Area of Mälardalen in the centre of Sweden.Ångström & Mellgren has about 85 employees and sales during 2009 amounted to SEK 247 Million. The transaction requires the approval of the Swedish Competition Authority. - The acquisition of Ångström & Mellgren strengthens Peab´s position in the centre of Sweden. We will receive a competent organization and the company has a good order back log