9/8/2022 2:00 PM Ahlsell acquires Neo-Select AS in Norway

Ahlsell has signed an agreement to acquire all shares in Neo-Select AS. The company’s turnover is NOK 55 million.

Neo-Select offers a wide range of tools, supplies, work wear and personal protective equipment from its store in Lier and via its web shop. Neo-Select creates added value for its customers through high-quality products, a high level of service and specialist expertise.

The acquisition helps to strengthen Ahlsell’s position in these segments, while Neo-Select’s customers get access to a wider product range and broader logistics offering.

The acquisition is expected to be completed at the beginning of September.

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 40 billion SEK and with 6 000 skilled employees, over 240 stores and three central warehouses, we are committed to our customer promise: Ahlsell makes it easier to be professional!