NCC to sell road-marking operations to Geveko
12/12/2003 3:00 AM EST
NCC and Geveko have signed a Letter of Intent pursuant to which Geveko
will acquire NCC's road-marking operations.
These operations are currently conducted in Sweden, Norway, Denmark and
Poland under the brand names Entreprenadlinjer, Norskilt and Nordisk
Vejmarkering.
In 2002, the operations generated sales of approximately SEK 150 million.
The parties' intention is that the transaction will be completed by
February 2004 at the latest.
For further information, please contact:
Tomas Carlsson, President NCC Roads New Markets
Tel +46 8 585 51645 or +46 70 552 9275
Greeg Nordqvist, Manager Mergers & Acquisitions NCC AB
Tel +46 8 585 52059 or +46 70 553 0426
Gisela Lindstrand, Press Relations Manager NCC AB
Tel +46 8 585 52346 or +46 70 392 9500
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 2002 sales of SEK 45 billion,
with 25,000 employees.