GRK Infra Plc (“GRK”) has today signed a share purchase agreement to acquire Keski-Suomen Betonirakenne Oy (“KSBR”) and its subsidiaries from its current shareholders.

The base purchase price is approximately EUR 85.5 million consisting of a cash payment of approximately EUR 58,7 million and 1,676,273 new shares in GRK agreed to be valued at EUR 16 per share. The parties have also agreed on an earn-out payment, which is partly based on the EBIT of KSBR group in 2026, 2027 and 2028.

The aim of the Transaction is to realise synergies between GRK’s and KSBR’s business operations and to expand GRK’s business to better serve the infrastructure construction needs of the private sector. By bringing together the two companies’ capabilities, the Transaction would enable GRK to implement private sector infrastructure construction projects, such as large-scale industrial projects and various energy sector projects, on a larger scale and more efficiently than would be achievable independently.

 

About KSBR

KSBR is a Finnish full-service construction company specialising in concrete construction, infrastructure projects, and industrial building solutions. The company provides services ranging from project planning and management to construction execution, with particular expertise in cast-in-place concrete structures.

KSBR provides construction services to several sectors, including renewable energy, industrial construction and civil engineering and construction, while serving both private and public sector clients across Finland and Sweden. The company also acts as a contractor for wind turbine infrastructure operators and within the sector of wind farm construction.

Founded in 2004 and headquartered in Pihtipudas, KSBR also has offices in Oulu, Vantaa, Lappeenranta, and Nivala. In addition to construction services, KSBR offers machinery and equipment rental, maintenance, and servicing through its subsidiary, KSBR Rent Oy.

KSBR’s revenue for 2025 was EUR 124 million and its operating profit EUR 10.9 million.

About GRK

GRK designs, repairs and builds roads, highways, tracks and bridges in order to make everyday life run smoothly, promote people meeting each other and to create a more sustainable future. GRK’s expertise also includes environmental technology. We operate in Finland, Sweden and Estonia with approximately 1,100 professionals. GRK’s core competencies include the execution of versatile infrastructure construction projects, project management of both small and large projects as well as extensive rail expertise. GRK provides services from design to construction and maintenance.

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