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Lemminkainen sells technical building services business to Are for EUR 60 mln

Wednesday, 14 May 2014 06:15am EDT 

Lemminkainen Oyj:Sells all outstanding shares in Lemminkainen Talotekniikka Oy to Are Oy.Debt and cash free purchase price is 60 million euros.Lemmikainen Talotekniikka Oy forms Lemminkainen's Technical Building Services business segment.The divestment is in line with the company's strategy to focus on building construction and infrastructure construction. 

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