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 63.7B THB (2023)
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) 1 of 1
Type (Divestiture) 1 of 1
Country (India) 1 of 1
Year (2004) 1 of 1

Seller(S) 1

SELLER

Skanska

Stockholm, Sweden

Category Company
Founded 1887
Sector Construction
Employees26,457
Revenue 167.2B SEK (2023)
DESCRIPTION

Skanska is a development and construction group, 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 4 of 10
Sector (Construction) 2 of 4
Type (Divestiture) 4 of 10
Country (India) 1 of 1
Year (2004) 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 -