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Provider: Reuters Investment Profile
Provider: Wright Reports

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Veidekke ASA Acquires Skedsmo Pukkverk AS through Veidekke Industri

Thursday, 4 Jul 2013 08:05am EDT 

Veidekke ASA announced that the Company's Veidekke Industri is buying all shares in the company Skedsmo Pukkverk AS. Skedsmo Pukkverk has an annual turnover of NOK 35 million and 9 employees. The acquisition agreement is subject to approval by the Competition Authority, and will be completed as soon as this is provided. Financial details of the transactions were not disclosed. The company produces and sells aggregates to the construction industry in Romerike, north of Oslo. The company itself owns the property where the aggregate plant operates and has long-term residual extraction opportunities for aggregate. The company was established in 1960 and has up to now been owned by the Utsigt family. 

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