Peab and KB Gruppen merge operations in Western Norway

Peab and KB Gruppen have agreed to merge their operations in K. Nordang and Christie & Opsahl, forming a new associated company owned 62.5% by KB Gruppen and 37.5% by Peab, with combined net sales of around NOK 1.9 billion.

“The merger is expected to lead to synergies as the companies complement each other in products and geographically.”peab.com

• 1 source
• peab.comPeab forms associated company with KB Gruppen in Western Norway - PeabDec 15, 2025

Summarized from public sources; check the original articles before acting on it.