Swerock Acquires Cement and Mineral Aggregate Operations in Luleå, Sweden
Sector: Automotive • Location: Luleå, Sweden
Source: Highways Today
Peab’s subsidiary Swerock continues to grow through the acquisition of cement and mineral aggregate operations in the Luleå area. The acquired operations had net sales of around SEK 60 million in 2020 and four employees. Swerock acquired two quarries and a cement factory in the Luleå area as well as some vehicles and machines from Snells. The acquisition strengthens Peab there and entails synergie
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Status
Original status | completed |
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Description
Description | Peab’s subsidiary Swerock continues to grow through the acquisition of cement and mineral aggregate operations in the Luleå area. The acquired operations had net sales of around SEK 60 million in 2020 and four employees. Swerock acquired two quarries and a cement factory in the Luleå area as well as some vehicles and machines from Snells. The acquisition strengthens Peab there and entails synergies for both Swerock and Peab Asfalt. Swerock already has a centrally located quarry in Luleå. Peab Asfalt, a sister company in the Peab Group, manufactures asphalt in this quarry. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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