M&A Deal Summary

Italian-Thai Acquires Skanska Cementation India

On October 13, 2004, Italian-Thai acquired construction company Skanska Cementation India from Skanska for 100M SEK

Acquisition Highlights
  • This is Italian-Thai’s 1st transaction in the Construction sector.
  • This is Italian-Thai’s 0th largest (disclosed) transaction.
  • This is Italian-Thai’s 1st transaction in India.

M&A Deal Summary

Date 2004-10-13
Target Skanska Cementation India
Sector Construction
Buyer(s) Italian-Thai
Sellers(s) Skanska
Deal Type Divestiture
Deal Value 100M SEK

Target

Skanska Cementation India

Khairatabad, India
Skanska Cementation India Ltd. is a road and civil engineering construction company.

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Buyer(S) 1

Buyer

Italian-Thai

Bangkok, Thailand

Category Company
Founded 1958
Sector Construction
Revenue 70.7B THB (2024)
DESCRIPTION

Italian-Thai is a construction company. Italian-Thai was founded in 1958 and is based in Bangkok, Thailand.


DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2004 M&A 1 of 1

Seller(S) 1

SELLER

Skanska

Stockholm, Sweden

Category Company
Founded 1887
Sector Construction
Employees25,929
Revenue 176.5B SEK (2024)
DESCRIPTION

Skanska is a development and construction group, concentrated on selected home markets in the Nordic region, other European countries, and the Americas. With a focus on green construction, ethics, occupational health and safety, Skanska offers competitive solutions, not least for the most complex assignments. Skanska was founded in 1887 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 4 of 10
Sector: Construction M&A 2 of 4
Type: Divestiture M&A Deals 4 of 10
Country: India M&A 1 of 1
Year: 2004 M&A 3 of 4
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-09 Gammon Construction

Hong Kong, China

Gammon Construction Ltd. is a provider of construction services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-03 Klimavex AS

Kosice, Slovakia

Klimavex AS is specializes in the development, engineering and installation of ventilation systems.

Buy -