9/21/2021 8:45 AM Ahlsell Group acquires wholesale company in Estonia
Ahlsell Group’s subsidary FEB AS has entered into an agreement to acquire all shares in Vaga Tehnika Eesti Oü from A & O Johansen A/S, Denmark. The company has an annual turnover of approximately 4,4 mEUR.
Vaga Tehnika is a wholesale company based in Tallinn and has a strong market position in water supply, wastewater, natural gas and industry, as well as a range of tools offered to the construction industry.
Vaga Tehnika’s customers are mainly entrepreneurs and municipalities. The acquisition is a strategically important part of Ahlsell Group’s investment in Estonia and strengthens our position in the area through an increased customer base and a broader product range.
Closing date is subject to the approval of the Estonian Competition Authority.
For more information please contact:
Claes Seldeby, Group CEO, Ahlsell AB
Tel. +46-8-685 70 00, email: firstname.lastname@example.org
Ahlsell is the leading Nordic distributor of installation products, tools and supplies addressing installers, contractors, facility managers, industry, energy companies and the public sector.
The Group has a turnover of approximately 32 billion SEK and with more than 5700 skilled employees, over 240 stores and three central warehouses, we are committed to our customer promise: Ahlsell makes it easier to be professional!