Peab acquires Frøseth AS in Trøndelag
Peab company Swerock strengthens it operations in the Trøndelag area in central Norway through an agreement to acquire Frøseth AS, which works with paving and mineral aggregates. Included in the acquisition are 40 employees, nine quarries, an asphalt plant and modern machines and equipment.Frøseth has operations in paving, mineral aggregates, transportation and recycling. In 2020 the acquired business had net sales of around NOK 104 million and 40 employees. “We continue to strengthen business area Industry’s offer and local presence in Norway through this acquisition in Trøndelag. It