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.
Efficient compaction isn’t about doing more work – it’s about knowing where the work adds value
A lower-cost shear can be tempting, but what might contractors discover when they do their due diligence?
Meaningful site data helps contractors reduce rework, improve decisions and deliver with greater certainty