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| Rautaruukki to acquire Norwegian steel frame constructor Finnish steel maker Rautaruukki is to strengthen its position in steel construction in the Nordic countries through acquisition of the entire share capital of the Norwegian company Skalles Eiendomsselskap AS from its private owners. Skalles Mek Verksted AS, a fully-owned subsidiary of Skalles Eiendomsselskap AS, is one of Norway's leading steel frame suppliers for industrial and commercial premises. Skalles' total deliveries include the design, manufacture and installation of steel structures. The company's net sales for 2008 are estimated to be around EUR 15 million. Established in 1950, Skalles is located in Fredrikstad, to the south of Oslo, and currently has some 50 employees. write your comments about the article :: © 2009 Construction News :: home page |