NCC to buy Finnish asphalt company
Premium Content
07 March 2008
NCC has announced plans to fully acquire asphalt and road building company Valtatie Oy. It currently owns 50% of the company in partnership with Colas.
The company says that if the deal is approved, its Finnish asphalt production and road building division, NCC Roads Oy, will have annual sales of about SEK 950 million (€ 100 million), representing about a 20% share of the market.
The transaction value has not been disclosed, and it is subject to the approval of the Finnish Competition Authority (FCA). NCC says this could take up to six months.
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
Longer reads
Robots have been threatening to take over work on construction sites for the past several years and haven’t. Will they eventually?
At Bentley’s Year in Infrastructure event, Nathan Marsh outlined why trust, authenticity and human oversight still matter in the AI age
Former US Marine Kellen Concepcion on how he went from a military career to heading Semper Fi Rebar, a California subcontractor
CONNECT WITH THE TEAM
Neil Gerrard
Senior Editor, Editorial, UK - Wadhurst
Tel: +44 (0) 7355 092 771
E-mail: [email protected]
