M&A Deal Summary

Skanska Acquires IPS Praha a.s

On June 27, 2000, Skanska acquired construction company IPS Praha a.s

Acquisition Highlights
  • This is Skanska’s 5th transaction in the Construction sector.
  • This is Skanska’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2000-06-27
Target IPS Praha a.s
Sector Construction
Buyer(s) Skanska
Deal Type Add-on Acquisition

Target

IPS Praha a.s

Czech Republic
IPS Praha a.s is a construction company.

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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 8 of 21
Sector (Construction) 5 of 17
Type (Add-on Acquisition) 7 of 18
Country (Czech Republic) 1 of 2
Year (2000) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-28 Poggenpohl

Herford, Germany

Poggenpohl is a designer, manufacturer and marketer of kitchen products. Poggenpohl was founded in 1892 and is based in Herford, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-02 Barclay White

Blue Bell, Pennsylvania, United States

Barclay White, Inc. is s provider of construction services to health and education sector.

Buy $14M