Peab Industri makes acquisitions in Norway

Peab Industri makes acquisitions in Norway

Peab Industri is acquiring SMEFA Entreprenör AS in Norway. SMEFA operates on the
foundations market. In 2006, the company had sales of NOK 80 million and
employed a staff of almost 30. 

Peab Industri already operates on the foundations market in Sweden. Foundations
business falls within the Services business area.

- With the acquisition of SMEFA we are embarking upon foundation operations in
Norway. The acquisition will bring us synergies through the development and
exchange of expertise as well as within the purchasing area. We see good growth
potential within foundation services in Norway, says Mats O Paulsson, CEO of
Peab Industri AB.


Peab Industri will also take over the business of renting sheds to the building
and construction market from Dalsaet AS. The deal involves some 500 sheds which
are rented out to a large number of customers in the Norwegian market. The
renting of sheds is part of the Machinery business area.
For additional information, please contact:
Erling Nilsen, MD Peab Industri Norge +47 97978510
Staffan Bremander, Corp. Comm. Mgr. Peab Industri + 46 733 37 11 10


This information is such that Peab Industri AB is obligated to publish in
accordance with the Swedish Exchange and Clearing Operations Act and/or the
Financial Instruments Trading Act or has itself chosen to publish.

Previous press releases from Peab Industri are available at
www.peabindustri.com.


Peab Industri is a leading producer of products and provider of services for the
Nordic construction and civil engineering market. The net sales exceed SEK 6
billion and the number of employees amounts to more than 2 000. Business is
conducted in Sweden, Norway and Finland. The share is listed on the OMX Nordic
Exchange in Stockholm. The main office is located in Ängelholm in Skåne, Sweden.