Peab builds a new store for IKEA in Älmhult


Peab builds a new store for IKEA in Älmhult

 

Peab has been contracted to build a new department store for IKEA in Älmhult.
The customer is IKEA Properties Ltd and the contract amounts to SEK 265 million.
The contract is part of the cooperation agreement between IKEA and Peab signed
in December 2010. The first sod in Älmhult was taken in November 2012.
- It feels very good that the cooperation with IKEA now starts in Sweden as
well. The department store in Älmhult is the second, Kuopio in Finland was the
first, of the ten included in the agreement. Now we will draw experience from
the former department stores we have built for IKEA and ensure that it works
well even in Älmhult, says Peab's CEO Jan Johansson in a statement.

 

For additional information, please contact:

Pekka Merta. Project manager Peab +46 733 373436

Gösta Sjöström, CIO Pea +46 733 371010

 

Peab AB discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act.

The information was submitted for publication at 10 am on 16 December 2011.

 

Attachments