M&A Deal Summary

Skanska Acquires BFW Construction

On April 3, 2003, Skanska acquired construction company BFW Construction for 19M USD

Acquisition Highlights
  • This is Skanska’s 12th transaction in the Construction sector.
  • This is Skanska’s 4th largest (disclosed) transaction.
  • This is Skanska’s 4th transaction in the United States.
  • This is Skanska’s 1st transaction in Texas.

M&A Deal Summary

Date 2003-04-03
Target BFW Construction
Sector Construction
Buyer(s) Skanska
Deal Type Add-on Acquisition
Deal Value 19M USD

Target

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.

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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 15 of 21
Sector (Construction) 12 of 17
Type (Add-on Acquisition) 12 of 18
State (Texas) 1 of 1
Country (United States) 4 of 4
Year (2003) 2 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-02-20 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-22 Skanska AB - Mining Contracting Business

Sweden

Skanska AB - Mining Contracting Business is a provider of contract mining and mining services.

Sell -