M&A Deal Summary

Skanska Acquires Beacon Construction Co.

On January 2, 1997, Skanska acquired construction company Beacon Construction Co.

Acquisition Highlights
  • This is Skanska’s 1st transaction in the Construction sector.
  • This is Skanska’s 1st transaction in South Korea.

M&A Deal Summary

Date 1997-01-02
Target Beacon Construction Co.
Sector Construction
Buyer(s) Skanska
Deal Type Add-on Acquisition

Target

Beacon Construction Co.

Seoul, South Korea
Beacon Construction Co. Ltd. is a construction company.

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Buyer(S) 1

Buyer

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 3 of 21
Sector: Construction M&A 1 of 17
Type: Add-on Acquisition M&A Deals 3 of 18
Country: South Korea M&A 1 of 1
Year: 1997 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1980-01-01 Flexator AB

Anneberg, Sweden

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-12-17 Ericsson - Real Estate & Services

Sweden

Ericsson - Real Estate & Services (REM) is a provider of efficient workplaces through combining services, communications and security systems with traditional facilities management services.

Buy -