# HeidelbergCement acquires Kynningsrud Prefab

HeidelbergCement, through its Nordic Precast Group, has agreed to acquire 100% of Kynningsrud Prefab Holding AS, a Norwegian and Swedish precast concrete elements manufacturer with 350 employees and annual revenue of about NOK 700 million.

- Type: Acquisition
- Announced: 2019-12-17
- Where: Uddevalla, Sweden; Fredrikstad, Norway, Norway
- Status: announced
- Products: precast concrete elements
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [HeidelbergCement](https://endata.com/companies/20595.md) (acquirer)
- [Kynningsrud Prefab](https://endata.com/companies/43977.md) (target)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/se/contiga/pressreleases/heidelbergcement-foervaervar-kynningsrud-prefab-2954557), 2019-12-17: "Med detta förvärv får vi en utökad geografisk täckning när det gäller prefab."
- [kynningsrud.no](https://www.kynningsrud.no/heidelbergcement-kjoper-kynningsrud-prefab/), 2019-12-17: "Med dette oppkjøpet forsterker vi vår geografiske dekning innenfor prefabvirksomhet."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.