What Peab Asfalt does

Peab Asfalt A/S is a Danish asphalt production and paving company, wholly owned by Swedish construction group Peab AB. Founded as part of the Peab group's Danish operations and headquartered in Silkeborg, it operates a nationwide network of seven asphalt factories (Randers, Viborg, Uldum, Vandel, Tinglev, Køge, and Copenhagen/Prøvestenen) and employs more than 300 people across production, laying, milling, road marking, and related civil engineering services. The company maintains a portfolio of approximately 500 asphalt recipes spanning standard products (AB, GAB, SMA, PA), specialty formulations for agriculture (Farmfalt) and sports surfaces (Confalt), parking-deck systems (ÅAB, ABM, MAB, bitumen joints), and sustainable options including ECO-Asfalt, which delivers roughly 40% CO2 reduction via renewable fuels and certified biogas, and a new low-climate-impact asphalt achieving up to 80% CO2 reduction using ~90% recycled materials.

The company serves three core customer segments — public/municipal (e.g., Swedish Transport Administration, Kolding Municipality), commercial/industrial, and private — through direct regional sales teams covering Jutland-Funen and Zealand, plus contractor partnerships for large infrastructure projects (notably Zøllner A/S on the Hillerødsmotorvejen 105,000-ton highway contract). Revenue is generated via project-based contracts, ex-factory material sales with published price lists, and professional services including consultancy, milling, crack sealing, and road marking. Peab Asfalt holds ISO 9001, 14001, and 45001 certifications, and its products are CE-marked under the EU Construction Products Regulation (certificate 1162-CPR-1029, notified body DNV). The business model is fundamentally B2B-heavy infrastructure construction with a long-tail B2C component (homeowners, homeowner associations).

Governance sits within Peab AB's four Nordic-country structure, with a newly created Nordic Research Director role coordinating cross-border R&D focused on bio-based materials. The company has won Denmark's industry workplace safety award three consecutive years through 2026 and runs the Peab Akademi internal training program. Recent strategic emphasis is on sustainability (ECO-Asfalt, recycled-content products), Nordic geographic integration, and pipeline diversification through both large public infrastructure contracts and specialty verticals.

Name

Peab Asfalt

Legal name

Peab Asfalt A/S

Website

https://peabasfalt.dk

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

Peab Asfalt A/S is a Danish asphalt production and paving subsidiary of Peab AB, operating seven nationwide factories with 300+ employees and 500+ recipes to serve public, commercial, and private infrastructure customers across Denmark and the Nordics.

Ownership category

akta.pro rank

Product category

Asphalt Production & Paving Services

NAICS

Asphalt Paving Mixture and Block Manufacturing (324121), Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412)

SIC

Asphalt Paving & Roofing Materials (2950)

akta.pro primary industry

Asphalt Mixing & Paving Materials (Hot/Warm/Cold Mix, RAP/RAS Blends) (EUALAKAG)

akta.pro secondary industries

Asphalt Additives & Performance Enhancers (Anti-strip, Warm-mix, Fibers, Rejuvenators) (EUALAKAH), Polymer-Modified Asphalt (PMB) & Modified Binders (SBS/Crumb Rubber/Plastomers) (EUALAKAD), Asphalt & Pavement Removal / Milling (IMAFAKAM)

Keywords

• Asphalt production
• Road paving services
• Highway construction
• Sustainable asphalt
• Industrial flooring

Headquarters

HQ city

Silkeborg

HQ country

Denmark

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Asphalt production and paving services: Production and laying of asphalt for roads, highways, bridges, industrial floors, parking lots, and special projects. Revenue generated from material sales (per ton/unit) and installation services. Both maintenance and new construction projects.
2. Asphalt products and materials: Sale of asphalt materials from factories to customers, with pricing available per product type and factory location. Unit pricing for standard asphalt materials sold ex-factory.
3. Professional services: Consultancy, planning, and execution of asphalt projects including road marking, signing, milling, and crack sealing services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Peab Asfalt produces and lays asphalt for roads, highways, bridges, industrial floors, parking decks, and plazas through 7 factories across Denmark. The company maintains over 500 asphalt recipes, including the ECO-Asfalt sustainable line (~40% CO2 reduction) and specialized products like Farmfalt for agriculture and Confalt for sports. It also provides complementary services such as milling, road marking, crack sealing, and joint sealing for both B2B and private customers.

Product overview

Peab Asfalt is a nationwide asphalt production and paving company operating 7 factories across Denmark. The company offers a diverse portfolio of approximately 500 asphalt formulations, including standard products (AB, GAB, SMA, PA), specialized products (Farmfalt for agriculture, MAB/ABM for parking decks, Confalt), and sustainable alternatives (ECO-Asfalt). Services encompass full project lifecycle from production and laying to maintenance, covering roads, highways, bridges, industrial floors, parking structures, and road markings. All products are CE-marked and certified under ISO standards.

Differentiator

Problem solved

Functional benefit

Brands

• ECO-Asfalt: Peab Asfalt's CO2-saving alternative to conventionally produced asphalt, produced with certified biogas to reduce climate impact by approximately 40%
• ECO-Asfalt

Products and services

• ECO-Asfalt
• Road and Highway Asphalt Paving
• Bridge Asphalting (Broer) Asphalting and moisture sealing of bridges, using polymer-modified bitumen joint sealants to prevent water penetration.
• Farmfalt (Agricultural Asphalt) Special dense asphalt concrete designed for plan silos and silage pads in agricultural operations.
• Industrial Asphalt Floors Seamless and wear-resistant asphalt flooring for industrial floors and bus stops.
• Parking Deck Asphalting (P-dæk) Asphalting and joint sealing for P-decks and parking structures using ÅAB (open asphalt concrete), ABM, and MAB products for drainage and waterproofing layers.
• Asphalt Milling (Fræsning) Milling of asphalt and concrete surfaces as part of road maintenance and reconstruction projects.
• Road Marking and Signing Execution of stripes and symbols on roads, highways, parking areas and plazas, plus related signage services.
• Crack Sealing (Revneforsegling) Sealing of cracks in asphalt surfaces for maintenance and infrastructure preservation.
• Speed Bumps (Fartdæmpere) Speed bump products and installation for reducing vehicle speeds on urban roads and private areas.
• Asphalt Contractor Services (Asfalthåndværker) Full-service asphalt contractor work for businesses and municipalities, covering production, laying, and project management.
• Confalt Sports Surfaces Specialized asphalt product and surface course for sports facilities and athletic applications.
• Standard Asphalt Concrete (AB/GAB/PA/SMA) Standard asphalt concrete products (Asfaltbeton AB, Grusasfaltbeton GAB, Pulverasfalt PA, SMA) sold from factories for general road construction and base/surface layer applications.
• Bitumen Emulsion Products Bitumen emulsions used as binders in asphalt production, available in various ratios (70/30, 55/45, 50/50).
• Low-Climate-Impact Asphalt (Recycled) Newly developed asphalt containing nearly 90% recycled materials (milled asphalt, recycled railway ballast, bio-oil from plant residues) with CO2 footprint of 7 kg/ton vs 50 kg/ton for traditional asphalt (~80% CO2 reduction). Launched via Kolding Municipality pilot in 2025.

Quantifiable outcome

• 80% CO2 reduction potential with new low-carbon asphalt (7 kg/ton vs 50 kg/ton traditional)
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Swedish Transport Administration (Trafikverket)coreStrategic or Co-development Partner · 8 April 2026Government client awarding three paving contracts worth SEK 130 million in Jämtland, Dalarna, and Örebro counties. All projects use ECO-Asfalt with renewable fuels.
• Asfaltindustrien (Asphalt Industry Association)minorStrategic or Co-development Partner · 6 November 2025Industry association partnership hosting site visits for politicians to showcase asphalt supply chain from raw materials to finished roads.
• Kolding MunicipalitycoreStrategic or Co-development Partner · 29 October 2025Pilot project partner for testing new low-carbon asphalt at Marina Syd access road. Municipality pre-certified project to DGNB Gold sustainability standard. Asphalt contains 90% recycled materials with potential for 80% CO2 reduction.
• Zøllner A/ScoreStrategic or Co-development Partner · 4 July 2025Main contractor partnership for large infrastructure project. Peab Asfalt awarded contract to supply 105,000 tons of asphalt for first phase of Hillerødsmotorvejen extension (Allerød to Hillerød, 10km 4-lane highway). Project includes ECO-Asfalt for 40% CO2 reduction and climate-friendly wearing course.
• VEJ-EUminorStrategic or Co-development Partner · 10 April 2025Partnership for 'Verdens Vildeste Vejlappere' educational program bringing road construction education to 4th grade students. Program combines theory and practice to introduce students to road industry careers.
• MUSTminorStrategic or Co-development Partner · 10 April 2025Educational program developer for 'Verdens Vildeste Vejlappere' teaching concept combining theory and practice for road construction education.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Aarsleff (Per Aarsleff Holding): Danish infrastructure and construction group with piling, civil engineering, and ground engineering operations. Competes with Peab Asfalt on Danish infrastructure projects, particularly roads and highways, but with a different specialty focus.
• Veidekke: Major Norwegian construction and civil engineering contractor with asphalt and infrastructure operations. Comparable to Peab Asfalt in business model and Nordic presence, but primarily Norwegian rather than Danish.

Others

• Saint-Gobain: Global building materials company with infrastructure-related product offerings. Indirect overlap with Peab Asfalt through construction supply chains but not a direct asphalt competitor.
• Mapei: Global manufacturer of chemical products including asphalt additives, modifiers, and binders. Adjacent supplier to the asphalt industry rather than a direct competitor, but increasingly relevant as low-carbon and modified asphalt formulations grow in importance.

Direct peers

• Colas Danmark: Danish subsidiary of Colas Group (Bouygues), a global road construction and asphalt materials leader. Directly competes with Peab Asfalt across Danish road, highway, and infrastructure asphalt projects.
• NCC Industry: NCC Industry is the aggregates and asphalt business of NCC, one of Sweden's largest construction groups, with operations across the Nordics including Denmark. Directly competes with Peab Asfalt in asphalt production and paving services for roads and infrastructure.

Broad incumbents

• Skanska: Major Nordic and global construction and civil engineering firm with asphalt and road-building operations across Sweden and the Nordics. Competes with Peab Asfalt on infrastructure projects while offering broader construction capabilities.
• CRH plc: Global building materials leader that acquired Lemminkäinen's Nordic asphalt and aggregates operations. Competes with Peab Asfalt in road materials across Europe and offers broader construction materials portfolio.
• Heidelberg Materials: One of the world's largest building materials producers with cement, aggregates, and asphalt operations. Adjacent competitor to Peab Asfalt in asphalt and aggregates supply for infrastructure projects globally.
• Eurovia (VINCI): Global road construction and asphalt materials subsidiary of VINCI, with extensive European operations. Overlaps with Peab Asfalt on infrastructure paving and competes in adjacent Nordic and European markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peab Asfalt