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NCC AB ser. B

0OFP.LSESEK
176.20-14.9%1Y · SEK

NCC AB (publ) is a construction company operating in Sweden, Norway, Denmark, and Finland. It operates through five segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordic, NCC Industry, and NCC Property Development. The company builds residential buildings and offices, as well as schools, hospitals, stores, and warehouses, and also designs, constructs, produces, and maintains infrastructure projects such as tunnels, roads, and railways. It additionally produces stone materials, asphalt, and paving products, and develops and sells commercial properties in metropolitan regions. NCC AB was incorporated in 1935 and is headquartered in Solna, Sweden.

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CRH to Acquire NCC Industry's Denmark and Finland Aggregate Operations

CRH has signed an agreement to acquire NCC Industry's operations in Denmark and Finland from NCC AB. The transaction remains subject to applicable approvals and customary closing conditions, with completion expected in 2027, and until then the businesses will continue to operate independently. NCC Industry develops, produces, and sells stone materials and asphalt products for construction and infrastructure projects. Peter Buckley, president of CRH International, said the acquisition is strongly aligned with CRH's strategy to build an aggregates-led, connected portfolio aligned with growing infrastructure megatrends, and that NCC Industry's extensive operating footprint and strong customer relationships in Denmark and Finland will strengthen CRH's business in the Nordics.
0OFP.LSE · Capital · Positive NCC AB is selling its Denmark and Finland aggregate operations to CRH, a divestment/M&A event for the company.
NCC Industry · Capital · Positive NCC Industry's Denmark and Finland operations are being acquired by CRH, an M&A event for the unit.
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