M&A Deal Summary

Skanska Ab Acquires McNicholas

On December 8, 2006, Skanska Ab acquired construction company McNicholas Plc for 670M SEK

Acquisition Highlights
  • This is Skanska Ab’s 13th transaction in the Construction sector.
  • This is Skanska Ab’s 1st largest (disclosed) transaction.
  • This is Skanska Ab’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-12-08
Target McNicholas Plc
Sector Construction
Buyer(s) Skanska Ab
Deal Type Add-on Acquisition
Deal Value 670M SEK

Target

McNicholas Plc

Slough, United Kingdom
McNicholas Plc is a provider of construction and engineering services.

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Buyer(S) 1

Buyer

Skanska Ab

Stockholm, Sweden

website


Category Company
Founded 1887
SectorConstruction
Employees29,740
Revenue 160.3B SEK (2020)
DESCRIPTION

Skanska is a development and construction groups, concentrated on selected home markets in the Nordic region, other European countries and in 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 17 of 21
Sector (Construction) 13 of 17
Type (Add-on Acquisition) 14 of 18
Country (United Kingdom) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-28 Flexator AB

Anneberg, Sweden

Flexator AB is a provider of rents out and sells modular buildings.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-07 SkyBau, s.r.o.

Zilina, Slovakia

SkyBau, s.r.o. is a subcontractor in the construction sector and carries out in-place casting of concrete structures in primarily Slovakia.

Buy -