Mutares acquires road management services in Finland and Sweden from NCC

The German holding company Mutares SE & Co. KGaA acquires the Road Services division of NCC, the road maintenance business in Finland and Sweden. The transaction will take the form of a share purchase agreement and is expected to close in the third quarter of 2020. The transaction is subject to approval by the Swedish competition authorities.

Mutares is a holding company focused on acquiring potential medium-sized companies. It was founded in 2008 and has 90 employees in six offices across Europe. Mutares is listed on the Frankfurt Stock Exchange.

Construction magazine news: https://www.rakennuslehti.fi/2020/07/ncc-myy-ruotsin-ja-suomen-tienhoitoliiketoiminnot/?fbclid=IwAR10ckDzmmb9OnPWVHgsraWB7eIOBo7L-5SvOQ_uvtnFOK7vidQcWHRQcD0