11/22/2021 5:00 PM Ahlsell strengthens its tool offering by acquiring Grønvold Maskinservice in Oslo, Norway

The Ahlsell Group has entered into an agreement to buy all shares in Grønvold Maskinservice. The company has an annual turnover of over NOK 200 million.

The acquisition strengthens the offering to the construction industry, while Ahlsell also invests in the service and maintenance of tools, an important contribution to a more sustainable industry.

Since 1996, Grønvold Maskinservice has served the market with high-quality tools, fastening and personal protective equipment. As they become part of the Ahlsell Group, synergies and opportunities are created for both companies.

Ahlsell has a wide product range and very good logistics solutions which Grønvold Maskinservice’s new and existing customers now have access to. Through the acquisition, Ahlsell gains access to Grønvold Maskin’s high availability, as well as cutting-edge expertise and a highly-appreciated service workshop, which enable Ahlsell’s customers to maintain and repair their tools – an easy way to minimise frequent new purchases and unnecessary waste.

Admission is subject to the approval of the Norwegian Competition Authority.

For more information please contact:


Claes Seldeby, Group CEO, Ahlsell AB
Tel. +46-8-685 70 00, email: claes.seldeby@ahlsell.se

 

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 34 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!