Peab acquires Cramo Entreprenad

Peab acquires Cramo Entreprenad 

Peab acquires Cramo Entreprenad and Yttre Miljö of a total turnover of
SEK 120 million. The two businesses will continue to be conducted under
the brands Cliffton and Stockholm Entreprenad, both part of the Peab
Group.
Peab sells the major part of Peabs Finnish rental operations to Cramo
with a turnover amounting to SEK 20 million.  Peab also signs a
multi-year co-operation agreement with Cramo concerning rental machines
in Finland.

 

 

For further information, please contact:

K-G Karlsson, division manager Peab +46 733 848589

Gösta Sjöström, CIO Peab +46 733 371010

 

Peab AB discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.

The information was submitted for publication at 17.05 am on 28 October
2010.

Previous press releases from Peab are available at
www.peab.com (http://www.peab.com/)