SOLNA, Sweden, Dec. 12, 2003 (PRIMEZONE) -- NCC and Geveko have signed a Letter of Intent pursuant to which Geveko will acquire NCC's road-marking operations.
These operations are currently conducted in Sweden, Norway, Denmark and Poland under the brand names Entreprenadlinjer, Norskilt and Nordisk Vejmarkering.
In 2002, the operations generated sales of approximately SEK 150 million.
The parties' intention is that the transaction will be completed by February 2004 at the latest.
All of NCC's press releases are available on www.ncc.info
NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2002 sales of SEK 45 billion, with 25,000 employees.
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2003/12/12/20031212BIT00020/wkr0001.doc
http://www.waymaker.net/bitonline/2003/12/12/20031212BIT00020/wkr0002.pdf