Peab Industri acquires foundations company in Norway

Peab Industri acquires foundations company in Norway

Peab Industri has entered into an agreement to acquire all shares in NSP,
Nordfjeldske Spunt og Peleservice AS, in Norway. NSP operates on the foundations
market and has its headquarters in Trondheim. In 2007 the company had sales of
NOK 125 million. NSP employs a staff of over 40. 

Peab Industri already operates on the foundations market in Sweden and in
Norway.

The acquisition is subject to an approval from the Norwegian Competition
Authority (Konkurransetilsynet).

“With the acquisition of NSP we strengthen our position and broaden our range
within foundation services both in Sweden and in Norway. We see good synergies
within technical development, exchange of expertise and within the purchasing
area”, says Mats O Paulsson, CEO of Peab Industri AB.

For additional information, please contact:
Erling Nilsen, CEO Peab Industri Norge +47 979 78 510
Staffan Bremander, Corp. Comm. Mgr. Peab Industri + 46 733 37 11 10


Previous press releases from Peab Industri are available at
www.peabindustri.com.


Peab Industri is a leading producer of products and provider of services for the
Nordic construction and civil engineering market. The net sales exceed SEK 7
billion and the number of employees is approximately 2 400. Business is
conducted in Sweden, Norway and Finland. The share is listed on the OMX Nordic
Exchange Stockholm. The main office is located in Ängelholm in Skåne, Sweden.