NCC to acquire Finnish asphalt company

NCC to acquire Finnish asphalt company

NCC Roads Oy is to acquire the operations of Valtatie Oy, its 50-percent owned
asphalt company in Finland, from the Colas Group of France. The operations will
be integrated with NCC's road operations in Finland, which will consequently
become one of the larger players in the Finnish asphalt and paving market.  

The geographic spread and focus of the two companies complement each other well
and NCC expects the merger to provide benefits of scale and synergies. NCC Roads
Oy is involved in the entire value chain of road construction, while Valtatie Oy
primarily manufactures asphalt and implements paving projects.
“It is a structural transaction that will create a more profitable operation in
Finland. NCC will strengthen its market position and become one of the larger
players in asphalt and paving in Finland. This transaction also enables us to
meet the demands on the Finnish market and develop new business concepts”, says
Göran Landgren, President of NCC Roads Holding AB. 

The merged operation will have annual sales of approximately SEK 950 million,
employ nearly 400 people and have a market share of slightly more than 20
percent within asphalt and paving.  

In 2006, Valtatie Oy had sales of approximately EUR 48 million and about 230
employees. The company is active within asphalt production and paving in south
and central Finland. Since 2000, 50 percent of the company has been owned by NCC
Roads Holding AB and 50 percent by Colas Danmark A/S, a subsidiary of the French
Colas Group. 

The purchase consideration is not being disclosed and the transaction is subject
to investigation by the Finnish Competition Authority (FCA). This process may
take up to six months. 


For further information, please contact:
Göran Landgren, President, NCC Roads Holding AB, +46 (0)705 950 730
Ulf Thorné, Press Relations Manager, NCC Group, +46 (0)8 585 523 46, +46 (0)70
214 77 27

All of NCC's press releases are available on www.ncc.info

NCC is one of the leading construction and property development companies in the
Nordic region. NCC had in 2006 sales of SEK 56 billion, with 22,000 employees. 


All of NCC's press releases are available on www.ncc.info

NCC is one of the leading construction and property development companies in the
Nordic region. NCC had in 2006 sales of SEK 56 billion, with 22,000 employees.