NCC divests business area Industry
Nordic —
NCC has agreed to divest its Industry business area at an enterprise value of SEK 8.2 billion. The divestment will create a more focused NCC, specializing in contracting, while improving opportunities for long-term value creation. From NCC's perspective, it is a single transaction with two buyers: Heidelberg Materials and CRH. Heidelberg Materials is acquiring the operations in Sweden and Norway, while CRH is acquiring the operations in Denmark and Finland. The transaction is subject to approval by relevant authorities.