NCC sells its Finnish design and engineering business Optiplan to Sweco
NCC sells its subsidiary Optiplan, the design and engineering company, to Sweco. Optiplan offers design and engineering services to the construction industry in Finland. The divestment is expected to have a positive earnings effect of approximately SEK 40 M in the business area Building Nordics in the fourth quarter 2020.
Optiplan is a design and engineering company with approximately 150 employees and annual net sales of about 13 million EUR operating solely on the Finnish market, providing services to NCC and other construction companies. The majority of its revenue comes from outside of NCC.
The parties have agreed not to disclose the terms of the transaction. The divestment is expected to have a positive earnings effect of approximately SEK 40 M in NCC Building Nordics in the fourth quarter 2020.
Optiplan’s ownership including business and personnel has been transferred to Sweco. The contract has been signed and the ownership has changed hands. Optiplan’s projects and contracts will continue as usual.
“The divestment of Optiplan is in line with NCC’s strategic direction focusing on the core of our construction operations. We see a lot of potential in the Finnish construction market. We are also looking forward to continuing our cooperation with Optiplan,” says Catarina Molén-Runnäs, Head of Business Area NCC Building Nordics.
“We warmly welcome Optiplan to be part of Sweco. Optiplan will reinforce our expertise in the fields of architecture and engineering. We believe in sustainable growth; market outlook of residential construction and refurbishment are looking positive particularly in the Finnish growth centers. Boosting sustainable and energy efficient design is valuable to us in Sweco,” says Markku Varis, Country Manager, Sweco Finland.
About NCC. NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to the positive impact of construction for its customers and society. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2019, NCC had sales of SEK 58 bn and 15,500 employees. The NCC shares are listed on Nasdaq Stockholm.