Lemminkäinen Divests Rekab's Malmo Business to Wästbyg
Publicly listed Lemminkäinen (LEM1S:Helsinki) has sold all outstanding shares in its Swedish subsidiary Rekab Entreprenad AB to Rekab’s current management, Rekab’s Malmö business to Swedish Wästbygg Group and Rekab’s Uppsala business to Norwegian Veidekke Group (VEI:Oslo).
The business that was sold to Rekab’s current management include operations located in Umeå, Örnsköldsvik and Sundsvall.
Carlsquare acted sole financial advisor to the seller.
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