LKAB to acquire 75% of Bergteamet AB

LKAB will acquire 75% of the shares in Bergteamet AB, a mining contractor, pending approval by the Swedish Competition Authority. Bergteamet had sales of SEK 311 million and about 160 employees in 2020.

“As part of LKAB's mining strategy at great depths in our underground mines, we see a great need for specialized rock contracts for a long time to come.”lkab.com

• 1 source
• lkab.comLKAB new principal owner of Bergteamet AB - LKABJun 16, 2021

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