Peab Industri acquires Finnish gravel company and establishes a new ready-mixed concrete plant in Helsinki
Peab Industri has acquired YN Sora OY which produces and sells gravel in the Turku-Helsinki area. The operations had sales of SEK 30 Million in 2007. The company will provide gravel to Peab Industris´ factories in the area and also deliver to external customers.“The acquisition of YN Sora is an important step for us. This means that we will be established within gravel- and rock products in Finland which will strengthen our competitiveness in the production of ready-mixed concrete as well. Our objective is to in general have our own supply of raw material for our local production units,”