M&A Deal Summary

Skanska Acquires Banske Stavby Most AS

On February 20, 2003, Skanska acquired construction company Banske Stavby Most AS

Acquisition Highlights
  • This is Skanska’s 11th transaction in the Construction sector.
  • This is Skanska’s 2nd transaction in Czech Republic.

M&A Deal Summary
Date 2003-02-20
Target Banske Stavby Most AS
Sector Construction
Buyer(s) Skanska
Deal Type Add-on Acquisition

Target

Banske Stavby Most AS

Czech Republic
Banske Stavby Most AS is specializes in tunneling and underground construction, mainly transport infrastructure, as well as water and sewage facilities.

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Buyer(S) 1

Buyer

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 14 of 21
Sector (Construction) 11 of 17
Type (Add-on Acquisition) 11 of 18
Country (Czech Republic) 2 of 2
Year (2003) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-29 Yeager Construction

Riverside, California, United States

Yeager Construction Co. is a civil engineering company based in southern California.

Buy $48M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-03 BFW Construction

Temple, Texas, United States

BFW Construction Co., Ltd. is a full-service firm in building construction that serves a broad range of clients, with a main focus on the education and healthcare sectors in Texas and neighboring states.

Buy $19M
Mergr

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