Stockholm June 30, 2005
Skanska Prefab Mark AB is the market leader in Sweden in manufacturing and selling prefabricated products in concrete for sewage, drainage and paving. The company was founded in the late 19th century and has since been part of the now global construction group Skanska.
Products include pipes, paving stones, retaining walls and custom made products in concrete. The company has seven manufacturing sites in Sweden. The main office is in Staffanstorp near Malm” in the south of Sweden. In 2004 the company generated MSEK 400 in revenue and more than MSEK 50 in earnings.
Skanska Prefab Mark is one of several non-core businesses, which Skanska has decided to divest.
“Skanska Prefab Mark is a stable business with substantial potential for further development through organic growth and acquisitions”, comments Christian Sievert, Managing Partner, Segulah.
Lennart Kal’n will be appointed new non-executive Chairman of Skanska Prefab Mark. He is currently CEO of Dahls Sweden, part of the Saint-Gobain Group.
The acquisition of Skanska Prefab Mark is the second investment for the fund Segulah III, L.P.
For further information, please contact:
Christian Sievert, Managing Partner, Segulah, tel. +46-(0)8-442 89 50,
mob. +46-(0)708-66 96 94, firstname.lastname@example.org