M&A Deal Summary

Skanska Acquires McNicholas

On December 8, 2006, Skanska acquired construction company McNicholas for 670M SEK

Acquisition Highlights
  • This is Skanska’s 13th transaction in the Construction sector.
  • This is Skanska’s largest (disclosed) transaction.
  • This is Skanska’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-12-08
Target McNicholas
Sector Construction
Buyer(s) Skanska
Deal Type Add-on Acquisition
Deal Value 670M SEK

Target

McNicholas

Slough, United Kingdom
McNicholas Plc is a provider of construction and engineering services.

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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 17 of 21
Sector: Construction M&A 13 of 17
Type: Add-on Acquisition M&A Deals 14 of 18
Country: United Kingdom M&A 1 of 1
Year: 2006 M&A 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-28 Temporent AB

Upplands Vasby, Sweden

Temporent AB is a provider of temporary rental premises in modular buildings for offices, schools and kindergartens.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-07 SkyBau s.r.o.

Zilina, Slovakia

SkyBau, s.r.o. is a subcontractor in the construction sector and carries out in-place casting of concrete structures in primarily Slovakia.

Buy -