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Thu March 28 2024

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Skanska completes exit from Latin America

4 Mar 16 Skanska has sold the final part of its operations in Latin America.

It has divested Skanska Peru to a subsidiary of Confipetrol Group, for about US$25m (£17.7m).

Skanska Peru is the last part of the former Skanska Latin America to be sold. Earlier this year, Skanska completed its last engineering and construction project in Latin America.

Confipetrol Group focuses on the oil & gas, mining, power and industrial sectors, with a presence in Colombia, Peru and Bolivia.

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