Veidekke: Update on the proposed acquisition of Ucklum Grus AB

Veidekke refers to the group's stock exchange release of 26 June 2026 concerning the letter of intent to acquire all shares in Ucklum Grus AB, an aggregates business located near Uddevalla in Western Sweden. The release stated that completion of the transaction was subject to satisfactory due diligence.  

Veidekke has now completed the due diligence process and based on its findings, the parties have decided not to proceed with the proposed transaction.

The decision follows the ordinary process carried out in connection with acquisitions and does not imply any changes to Veidekke Infrastructure's strategy in Western Sweden. Veidekke maintains a strong position in the Gothenburg region and will continue to develop and strengthen its operations there.

For more information, contact:
Jørgen Wiese Porsmyr, CFO, +47 907 59 058

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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 43 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange, and has posted a profit every year since its inception in 1936.