Peab Industri’s acquisition of Nordisk Maskintjänst approved by the Swedish Competition Authority

The Swedish Competition Authority has approved Peab Industri’s acquisition of all the shares in Nordisk Maskintjänst with operations in transport and machinery services in Luleå. Together with recently acquired company Engströms Grävmaskiner in Boden and machinery services operations from Markteknik in Åre, the company will be included in the business area Services and conducted under the Cliffton trademark.

This year Peab Industri has acquired a total of eight companies, which together had sales for a total of SEK 600 Million in 2006.

– We believe it is a definite competitive advantage to establish transport and machinery operations in Norrland. We have been active for a long time in the south of Sweden, but it has also been our ambition to become established in other areas. Experience has shown that the local transport and machinery operations have an extensive network of contracts and can therefore generate additional business for our other operations, says Mats O Paulsson, CEO of Peab Industri AB.


For additional information, please contact:
Mats O Paulsson, CEO Peab Industri +46 431 44 96 03
Staffan Bremander, Corp. Comm. Mgr. Peab Industri + 46 733 37 11 10


This information is such that Peab Industri AB is obligated to publish in accordance with the Swedish Act regarding the Securities Market and/or the Financial Instruments Trading Act or has itself chosen to publish.

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