Divestiture • Business Services

Nordic Modular Group Acquires Skanska Modul AB

On November 28, 2005, Nordic Modular Group acquired business services company Skanska Modul AB from Skanska

Acquisition Context
  • This is Nordic Modular Group’s 3rd transaction in the Business Services sector.
  • This is Nordic Modular Group’s 3rd transaction in Sweden.

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M&A Deal Summary

Date November 28, 2005
Target Skanska Modul AB
Sector Business Services
Buyer(s) Nordic Modular Group
Sellers(s) Skanska
Deal Type Divestiture

Target Company

Skanska Modul AB

Sweden
Skanska Modul AB is a provider of rents out and sells moveable modular buildings used as temporary offices, childcare centers, schools and worksite cabins.
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Buyer Overview 1

Buyer

Nordic Modular Group

Upplands Väsby, Stockholm, Sweden

Category Company
Founded 2005
Sector Business Services
DESCRIPTION

Nordic Modular operates production and letting of prefabricated buildings, divided into business lines Temporent and Flexator. Temporent is one of the biggest companies in Sweden renting out temporary premises. Flexator has been a market leader in Sweden for 50 years in building prefabricated buildings. Clients are in the private and public sectors.


Deal Context for Buyer #
Overall 3 of 3
Sector: Business Services 3 of 3
Type: Divestiture 3 of 3
Country: Sweden 3 of 3
Year: 2005 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-28 Temporent AB

Upplands Vasby, Sweden

Temporent AB is a provider of temporary rental premises in modular buildings for offices, schools and kindergartens.

Buy -

Seller Profile 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 Context for Seller #
Overall 9 of 10
Sector: Business Services 3 of 3
Type: Divestiture 9 of 10
Country: Sweden 6 of 7
Year: 2005 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-28 Temporent AB

Upplands Vasby, Sweden

Temporent AB is a provider of temporary rental premises in modular buildings for offices, schools and kindergartens.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-08 McNicholas

Slough, United Kingdom

McNicholas Plc is a provider of construction and engineering services.

Buy kr670M

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