Peab secures $22m contract to build Koenigsegg’s car production facility in Sweden

WCN Editorial Team 21 Sep 2021 EUROPE BUILDINGS

Construction and civil engineering firm Peab has secured a contract worth $21.9m (SEK191m) to construct a new production facility for Koenigsegg’s car manufacturing in Ängelholm, Sweden.

PEKO Fastighets, jointly owned by Peab and Koenigsegg’s parent company, has awarded the contract.

Koenigsegg’s current production and development centre of its customised sports cars is located in Ängleholm in a production plant, which is owned by PEKO Fastighets.

Now, Peab will be responsible for the construction of another production facility in connection to the existing production plant.

The new 11,000m2 facility at Valhall Park will have a production hall, offices, personnel space, event space as well as a showroom for new car models.

Construction work of the new production facilities is scheduled to commence this month.

Koenigsegg president and founder Christian von Koenigsegg said: “Our partnership with Peab is an important step in our growth and grounded in this partnership we have boldly and resolutely made the decision to situate Koenigsegg’s expansion in Ängelholm and Valhall Park.

“In addition to a new production hall, the new facilities will also support our vertical integration of production, development, design and testing, which requires more room for personnel and technology.

On top of that, proximity to the airport creates optimal and almost unique circumstances for our company.”

In a separate development, Peab was also awarded a $57.5m (SEK500m) contract by Kunskapsporten to construct a new swimming pool and fitness centre in Kalmar, Sweden.

The new 15,000m2 facility will include a swimming pool, a rehab pool, a family pool, two training pools, gym, spa and restaurant.

Construction work of the new swimming pool and fitness centre is scheduled to begin end of this year with completion anticipated in the summer of 2025.


Peab to build Koenigsegg’s car production facility in Ängelholm, Sweden. Credit: Oleksandr Pyrohov from Pixabay.

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