Peab Asfalt I Sverige

What Peab Asfalt I Sverige does

Peab Asfalt AB is a Swedish private limited company (org. nr 556098-8122) headquartered in Ängelholm, wholly owned by publicly listed Peab AB (STO: PEAB B). It is one of the Nordic region's largest specialized asphalt paving companies with ~2,000 employees across Sweden, Norway, Denmark, and Finland (~1,000 in Sweden), operating from four regional offices (Malmö, Göteborg, Stockholm, Sundsvall), a network of stationary and mobile asphalt plants, three SWEDAC-accredited workshops under subsidiary Peab Transport och Maskin Verkstadsservice AB, and nine testing laboratories (seven SWEDAC-accredited under ISO/IEC 17025). The company was established in 2015 as a dedicated asphalt division, reached Nordic leadership following the 2020 acquisition of YIT's Finnish operations, and currently produces hot, half-warm, and cold mix asphalt with its flagship ECO-Asfalt — produced using fossil-free bio-oil fuel and circular materials — accounting for over 95% of Swedish output and reducing climate impact by up to 65% versus conventional asphalt.

The portfolio spans core asphalt products (ECO-Asfalt, MixPAVE thin-layer surfacing, PAVEBit polymer-modified binder, colored asphalts for traffic safety, emerging lignin-based bio-binders), specialized services (milling/fräsning, tank beläggningar including Y1G, Y1B, IM, HP-lagning, deep milling), and complementary transport and machine workshop services through the PTM subsidiary. Proprietary technology investments include Sweden's first fully electric and fossil-free paving crew and the Dynapac XD25 80C e electric paver, plus ongoing R&D via the EU Horizon 2020 REWOFUEL consortium for lignin as a bio-based bitumen replacement.

The business operates a sales-led, enterprise field-sales go-to-market targeting Trafikverket (national roads), regional and municipal governments, and private sector customers. Long-term framework contracts awarded through public procurement drive the bulk of revenue, supplemented by quote-based private assignments routed through regional offices and website inquiry forms. Intra-group delivery leverages synergies with sister Peab companies (Swerock for ECO-Ballast, Lambertsson for traffic management, Peab Fräs for milling). Recent disclosed contract wins — including a ~130 million SEK Trafikverket tank beläggning contract, ~85 million SEK in Kronoberg/Blekinge municipal work, and a ~30 million SEK Söderköping municipal contract — evidence a steady multi-year pipeline, while pricing is custom project-based (per-tonne volume, location, product specification) and not publicly disclosed.

Name

Peab Asfalt I Sverige

Legal name

Peab Asfalt AB

Website

https://peabasfalt.se

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Peab Asfalt AB is a Nordic-region-leading asphalt paving company (~2,000 employees, Sweden/Norway/Denmark/Finland) that manufactures and lays hot, half-warm, and cold mix asphalt — including its flagship ECO-Asfalt with up to 65% lower CO2 impact — for Trafikverket, municipalities, and private clients through four regional offices and an integrated plant network.

Ownership category

akta.pro rank

Product category

Asphalt 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 industry

Asphalt Additives & Performance Enhancers (Anti-strip, Warm-mix, Fibers, Rejuvenators) (EUALAKAH)

Keywords

• Asphalt paving services
• Road construction
• Infrastructure maintenance
• Climate-smart asphalt
• Asphalt milling services

Headquarters

HQ city

Ängelholm

HQ country

Sweden

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Asphalt Paving Services: Core revenue from manufacturing and laying hot, half-warm, and cold asphalt for new construction and maintenance. Services include paving roads, bridges, industrial floors, harbors, airports, parking lots, school yards, and cycle paths. Also includes specialized services such as colorized asphalt and special coatings.
2. Preventive Road Maintenance Services: Tank beläggningar (surface dressing), HP-lagning, pothole repair, deep milling, and related treatments for extending road life. Revenue generated through project-based contracts with municipalities, Trafikverket, and private road associations.
3. Transport and Machine Workshop Services (PTM): Peab Transport och Maskin Verkstadsservice AB, a subsidiary, provides repair and maintenance services for heavy vehicles and machines. Services include accredited workshop repairs, spare parts, diagnostics, brake testing, and HIAB service. Workshops in Örkelljunga, Förslöv, and Landskrona, accredited by SWEDAC. Revenue from service contracts.
4. Milling/Fräsning Services: Asphalt milling services for road improvement, rut repair, and preparation for new surface. Full-service offering from small (350mm) to large (2,500mm) milling machines, depth up to 330mm. Milled asphalt is returned to asphalt plants and 100% recycled into new asphalt.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Peab Asfalt manufactures and lays asphalt for new construction and maintenance of roads, bridges, industrial sites, harbors, airports, parking lots, school yards, and cycle paths for government, municipal, and private customers. Its flagship product ECO-Asfalt is produced with fossil-free bio-oil fuel and recycled materials, reducing climate impact by up to 65% versus conventional asphalt and accounting for over 95% of Swedish production. The company also delivers preventive road maintenance (tankbeläggningar, HP-lagning, pothole repair), asphalt milling, specialized colorized asphalt, and accredited heavy vehicle/machine workshop services.

Product overview

Peab Asfalt is one of the Nordic region's largest specialized paving companies, offering a comprehensive portfolio of asphalt products and paving services. At its core is ECO-Asfalt, the company's flagship climate-smart asphalt product produced with fossil-free fuels, energy-efficient manufacturing, and high recycled content — accounting for over 95% of Swedish production and reducing climate impact by up to 65% versus conventional asphalt. Supporting this core product are specialty asphalts including MixPAVE (a thin-layer combination surfacing), colored asphalts (green and red through-colored products for traffic safety), and emerging lignin-based bio-binders developed through the EU REWOFUEL project. The company also provides a full range of paving services: conventional hot, half-warm, and cold asphalt laying; surface treatment services (Y1G, Y1B, IM/indränkt makadam, HP repairs, crack/pothole filling); asphalt milling; and deep milling for road strengthening. Complementary offerings include electric/fossil-free paving crew services, mobile asphalt plants, transport and machine workshop services (through subsidiary Peab Transport och Maskin), and nine accredited testing laboratories. The portfolio is held together by a network of strategically located stationary plants plus mobile plants, with operations across Sweden, Norway, Denmark, and Finland.

Differentiator

Problem solved

Functional benefit

Brands

• ECO-Asfalt: Climate-smart asphalt product manufactured with fossil-free heat sources, energy-efficient production, and circular material flows, reducing climate impact by up to 65% compared to traditional asphalt.
• Peab Transport och Maskin Verkstadsservice
• MixPAVE
• PAVEBit
• ECO-Ballast

Products and services

• ECO-Asfalt Peab Asfalt's flagship climate-smart asphalt product, produced with fossil-free heat sources, energy-efficient manufacturing, and high recycled material content. Reduces climate impact by up to 65% compared with conventionally produced asphalt without compromising quality or lifespan, and constitutes more than 95% of production in Sweden. Sold to government, municipal, and private customers across the Nordics.
• MixPAVE Tunnskiktsbeläggning kombination (TSK) Thin-layer asphalt surfacing combination that merges sealing and flexible properties of surface treatments with the good surface and wear characteristics of traditional wearing courses. A paver spreads polymer-modified bitumen emulsion followed immediately by stone-rich warm-mixed asphalt, providing a resource-efficient overlay for roads with moderate to heavy traffic.
• PAVEBit Polymermodifierat bitumen Peab Asfalt's proprietary polymer-modified bitumen used in MixPAVE and other products. Improves durability and flexibility, increases stability at high temperatures, and provides higher flexibility at low temperatures to resist low-temperature cracking. Sold to asphalt producers and used in Peab Asfalt's own projects.
• Lignin-based asphalt binder Asphalt produced with lignin — a natural wood-derived binder — as a partial replacement for oil-based bitumen. Developed through the EU REWOFUEL research project in partnership with SEKAB E-Technology and other European partners; reduces the fossil component of asphalt while maintaining or improving technical performance. Launched as test sections in Sundsvall (2020) and additional Nordic sites, marketed to government and municipal customers seeking next-generation bio-based paving.
• Grönfärgad asfalt (Green-Colored ECO-Asfalt) ECO-Asfalt colored green by mixing iron oxide into the asphalt mix to create a through-colored surface. Designed for cycle paths and traffic-safety applications where a clear visual contrast between cycling/pedestrian lanes and vehicle lanes is required. Sold to municipalities and private customers.
• Färgad asfalt (Colored ECO-Asfalt) Through-colored asphalt produced by mixing iron oxide pigment into ECO-Asfalt, available in red or other colors. Used for traffic-safety applications to delineate cycling and pedestrian lanes from vehicle lanes. Sold to municipalities and private road operators.
• Asfalteringsarbeten (Asphalt Paving Services) Full-service asphalt paving including new construction and maintenance overlays for roads, bridges, industrial sites, school yards, parking lots, and large infrastructure projects. Offered to government, municipal, and private clients across Sweden, with delivery via regional offices in Malmö, Göteborg, Stockholm, and Sundsvall. Includes hot, half-warm, and cold asphalt laying methods and the company's fully electric and fossil-free paving crew.
• Fräsning (Asphalt Milling) One of Sweden's leading asphalt and concrete milling operations, covering small connection milling and box milling through to large surface milling of motorways and industrial floors (machines from 350 mm to 2,500 mm, depth up to 330 mm). All milled asphalt is returned to asphalt plants and 100% recycled into new asphalt. Sold to government, municipal, and private customers.
• Tankbeläggningar (Surface Treatments) Cost-effective road-maintenance service using surface coating methods including Y1B (single-layer on paved subgrade), Y1G (single-layer on gravel subgrade), IM (indränkt makadam), HP repairs, crack and pothole filling, and deep milling. Targeted at low-traffic roads, private roads, and municipal secondary road networks managed by road associations or municipalities.
• Elektrifierad asfalteringsutrustning (Fully Electric Paving Crew Service) Fossil-free asphalt paving performed with battery-powered equipment including Amann eABG4280 paver, Bomag BW174 (9-ton) and BW120 (2-ton) tandem rollers, Atlas Copco 540 kWh battery storage, and (from June 2026) the Dynapac XD25 80C e electric paver. Sold primarily to municipalities and government customers needing emission-free paving in sensitive urban environments such as Stockholm residential blocks.
• Kall- och halvvarm asfaltteknik (Cold and Half-Warm Asphalt Service) Asphalt production and laying using cold and half-warm techniques for low-traffic roads (under 3,000 vehicles per day). Enables use of up to 100% reclaimed asphalt and reduces energy consumption and cost versus hot-mix asphalt. Includes methods such as Y1G, Y1B, IM, HP-lagning, and spårytebehandling. Sold to municipalities, road associations, and forestry/industrial customers.
• Peab Transport och Maskin Verkstadsservice (Heavy Vehicle and Machine Workshop Services) Wholly-owned subsidiary Peab Transport och Maskin Verkstadsservice AB provides accredited workshop repairs, spare parts, diagnostics, brake testing, HIAB service, and mobile repair units for heavy vehicles and construction equipment. Three SWEDAC-accredited workshops in Örkelljunga, Förslöv, and Landskrona. Sold to Peab Asfalt internally and to external fleet/machine owners in southern Sweden.

Quantifiable outcome

• 65% reduction in CO2 emissions compared to conventionally produced asphalt (ECO-Asfalt)
• +7 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• SEKAB E-TechnologycoreStrategic or Co-development Partner · 1 January 2018SEKAB supplies Peab Asfalt with lignin produced at their Bioreffinery DemoPlant in Örnsköldsvik, used as a bio-based partial replacement for oil-based bitumen in asphalt. SEKAB and Peab collaborate within the EU-funded REWOFUEL project to develop bio-based products from forest industry residues.
• SwerockcoreStrategic or Co-development PartnerSwerock, a Peab Group company, supplies ECO-Ballast (recycled aggregate) and raw materials, and operates the wet-sifting facility in Sundsvall that enables Peab to process surplus mass from infrastructure projects into high-quality recycled aggregate for new asphalt, achieving up to 96% circular materials.
• Peab FräscoreStrategic or Co-development PartnerPeab Fräs (milling division) is responsible for milling work in municipal paving contracts, providing integrated service within the Peab Group.
• LambertssonminorStrategic or Co-development PartnerLambertsson, a Peab Group company, provides signage and traffic management services for paving projects, enabling integrated project delivery.
• Böda Sand ABminorChannel Partner/ Reseller/ DistributorPrivate customer for the Bödasandsallén asphalt project on northern Öland. Value approximately 3 million SEK.
• REWOFUEL Consortium (11 partners, 9 countries)coreStrategic or Co-development PartnerPeab Asfalt participates in the EU-funded REWOFUEL project (REsidual soft WOod conversion to high characteristics drop-in bioFUELs) with 11 European partners from 9 countries. Total budget 19.7 million EUR. Partners include Sky NRG, Global Bioenergies, Neste Engineering Solutions, Repsol, Ajinomoto, Eurolysine, IPSB, TechnipFMC, and Linz University. The project develops bio-based products from forestry residuals.

Scale indicators13 records

Recent moves5 records

Expansion highlights5 records

Others

• Nynas: Nordic specialty bitumen producer supplying polymer-modified bitumen and binders to the asphalt industry; upstream supplier comparable to Peab Asfalt's PAVEBit binder development efforts.
• Swerock: Sister Peab Group company supplying aggregates, ECO-Ballast recycled material, and concrete; an internal supplier to Peab Asfalt but also a competitor in aggregates supply to other paving firms.
• Dynapac: Leading manufacturer of asphalt pavers and compaction equipment, partnered with Peab Asfalt on the XD25 80C e electric paver; adjacent industry player supplying mission-critical equipment to Peab and its direct competitors.

Broad incumbents

• Colas: Global asphalt paving and road construction major (Bouygues subsidiary); competes in the Nordics and across Europe on large infrastructure projects and brings deep R&D in low-carbon and recycled asphalt formulations.
• Eurovia: VINCI subsidiary and one of the world's largest road construction and asphalt producers, with material presence in Northern Europe and a competing portfolio of low-carbon and recycled asphalt products.
• Heidelberg Materials: Global heavy building materials group with asphalt, aggregates, and readymix concrete operations across Northern Europe; competes with Peab Asfalt on infrastructure tenders and material supply.

Direct peers

• NCC: One of Sweden's largest construction and infrastructure contractors with a significant asphalt paving and road maintenance business, directly competing for the same Trafikverket and municipal framework agreements as Peab Asfalt.
• Skanska: Major Nordic construction group with asphalt production and paving operations competing head-to-head with Peab Asfalt on Swedish road and infrastructure projects, including sustainability-led public tenders.
• Veidekke: Norwegian-based Nordic construction and civil engineering group with asphalt and paving operations across Sweden and Norway, directly comparable to Peab Asfalt's Nordic footprint and service offering.
• Svevia: Swedish state-origin road and infrastructure services company operating asphalt plants and paving crews across Sweden; competes directly for municipal and Trafikverket road maintenance contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/peab-asfalt-ab

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

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 I Sverige