NCC divests Road Services Denmark to the German based holding company
NCC took the decision to divest the Road Services division since it has few synergies with other parts of the business and has been loss-making, but it is a business that can develop well in another context. In
"Mutares is already the owner of the business in
NCC Road Services in
The transaction is done through a share purchase agreement and closing is expected in the second quarter 2021. The transaction is not expected to require approval from the Danish competition authorities.
"We are proud of an additional opportunity to collaborate with NCC on a second acquisition within only a few months. We can say with confidence that we have done a great job with Terranor so far. Now, we are excited to welcome Road Services Denmark into our portfolio", says
For further information, please contact:
Tove Stål, Head of Group External Relations, +46 76 521 61 02
NCC's media line +46 (0)8 585 519 00, E-mail: press@ncc.se, NCC's Media bank
About Mutares Mutares is a holding company that acquires medium sized companies with a potential for improvement. It was established in 2008 and has some 90 co-workers in six offices across
About NCC NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to the positive impact of construction for its customers and society. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2020, NCC had sales of
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