Add-on Acquisition • Machinery

Skanska Acquires Klimavex AS

On November 3, 2004, Skanska acquired machinery company Klimavex AS

Acquisition Context
  • This is Skanska’s 1st transaction in the Machinery sector.
  • This is Skanska’s 1st transaction in Slovakia.

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M&A Deal Summary

Date November 3, 2004
Target Klimavex AS
Sector Machinery
Buyer(s) Skanska
Deal Type Add-on Acquisition

Target Company

Klimavex AS

Kosice, Slovakia
Klimavex AS is specializes in the development, engineering and installation of ventilation systems.
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Buyer Overview 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 Context for Buyer #
Overall 16 of 21
Sector: Machinery 1 of 1
Type: Add-on Acquisition 13 of 18
Country: Slovakia 1 of 2
Year: 2004 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-13 Skanska Cementation India

Khairatabad, India

Skanska Cementation India Ltd. is a road and civil engineering construction company.

Sell kr100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-22 Myresjöhus AB

Vetlanda, Sweden

Myresjöhus is a prefabricated house manufacturers in Sweden.

Sell kr500M