Peab’s acquisition of YIT’s Nordic paving and mineral aggregates business is approved by the EU Commission
Peab has received approval by the EU Commission (phase 1) to finalize the acquisition of YIT’s Nordic paving and mineral aggregates business in Finland, Norway, Denmark and Sweden. The acquisition will be finalized on April 1, 2020 and the business will be consolidated into the Peab Group as of that date.Through the acquisition Peab will expand its presence in Sweden, Norway and Finland and become established in the paving business in Denmark. This gives Peab a unique and market leading position in this business in the Nordic region. The deal will also increase the importance of industrial