Skanska divests its investment in the A1 motorway in Poland for SEK 1.4 billion

Skanska has signed a Sale and Purchase Agreement (SPA) for the A1 motorway in Poland for SEK 1.4 billion. The buyer is a company jointly owned by DIF Infrastructure IV and Swiss Life Funds (Lux) Global Infrastructure Opportunities II. The transaction is expected to be recorded by Skanska Infrastructure Development in the fourth quarter of 2016. 

Skanska is divesting its 30 percent ownership in the Gdansk Transport Company, who is managing the A1 motorway that connects the Polish cities of Gdánsk and Torum (152 km). In addition to Skanska, the Gdánsk Transport Company shareholders include John Laing Infrastructure, NDI Autostrada and Intertoll Infrastructure Developments.

Completion of the sale is subject to, among other, consent of the Ministry of Infrastructure representing the State Treasury of the Republic of Poland. The final purchase price may be adjusted as a result of certain conditions. It is anticipated that completion of the divestment will take place late 2016.

Skanska will announce the final amount and confirm the expected closing of the divestment in connection to the completion and payment of the transaction.   

Skanska Infrastructure Development is a leader in the global Public Private Partnerships (PPP) market. The business unit invests in, develops and operates roads, hospitals, schools, airports and other social infrastructure in partnership with the public sector.

For further information please contact:

Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10 448 88 08

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

The information provided herein is such as Skanska AB is obligated to disclose pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, other European countries and North America. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group currently has 43,100 employees in selected home markets in Europe and North America. Skanska's sales in 2015 totaled SEK 155 billion.

About Us

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.

Subscribe

Documents & Links