Peab Industri acquires Finnish gravel company and establishes a new ready-mixed concrete plant in Helsinki


Peab Industri acquires Finnish gravel company and establishes a new ready-mixed
concrete plant in Helsinki

Peab Industri has acquired YN Sora OY which produces and sells gravel in the
Turku-Helsinki area. The operations had sales of SEK 30 Million in 2007. The
company will provide gravel to Peab Industris´ factories in the area and also
deliver to external customers.

“The acquisition of YN Sora is an important step for us. This means that we will
be established within gravel- and rock products in Finland which will strengthen
our competitiveness in the production of ready-mixed concrete as well. Our
objective is to in general have our own supply of raw material for our local
production units,” says CEO of Peab Industri Mats O Paulsson.

Peab Industri has also started the establishment of a new concrete plant in
Kirkonummi, outside Helsinki, which will be in production during the fourth
quarter 2008. The investment will broaden Peab Industris´ market area within
ready-mixed concrete. The investment amounts to about SEK 25 Million.


For additional information, please contact:
Mats O Paulsson, CEO Peab Industri +46 431 44 96 00
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.

Pièces jointes

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