Peab Industri acquires transportation and contractors´ machinery services company with a turn-over of 270 MSEK

Peab Industri has signed an agreement to acquire UMF Entreprenad AB with business within transportation and machinery contractors´ services for the construction and civil engineering market in the west of Sweden.

UMF Entreprenad had a turn-over 2007 of approximately SEK 270 million and has about 10 employees. The company will be reported within Business Area Services.

“Through the acquisition of UMF Entreprenad we will expand our transportation and machinery contractors´ services business into a new regional market, in addition to the markets in Skåne and Norrland”, says K-G Karlsson, deputy CEO of Peab Industri AB. “This strengthens our local presence and the possibility to create business for our other Business Areas”, says Karlsson.

The acquisition is subject to an approval from the Swedish Competition Authority (Konkurrensverket).


For additional information, please contact:
K-G Karlsson, deputy CEO Peab Industri +46 431 44 96 00
Staffan Bremander, Corp. Comm. Mgr. Peab Industri + 46 733 37 11 10

Previous press releases from Peab Industri are available at www.peabindustri.com.