NCC Divests Industry Business for SEK 8.2 Billion, Focuses on Contracting
NCC has agreed to divest its Industry business area for an enterprise value of SEK 8.2 billion. The sale will result in a more focused NCC, specializing in contracting, and enhance long-term value creation opportunities.
Construction company NCC has announced an agreement to divest its Industry business area for an enterprise value of SEK 8.2 billion. The transaction involves two buyers: Heidelberg Materials, which is acquiring operations in Sweden and Norway, and CRH, which will take over operations in Denmark and Finland.
The divestment is part of NCC's strategy to create a more focused business centered on contracting. The company initiated a strategic review of its Industry segment in 2025, leading to this decision to streamline its operations and improve opportunities for long-term value creation.
This sale is subject to approval from relevant regulatory authorities. NCC stated that the divestment will strengthen its focus on contracting and is expected to improve the company's ability to generate long-term value.
The transaction is anticipated to position NCC for greater specialization within the contracting sector, potentially leading to improved performance and strategic alignment in its core business activities.