8/2/2017 11:00 AM The approval by the Swedish Competition Authority of the acquisition of ViaCon VA is still pending
Press releaseStockholm 2 August 2017
In a press release on 22 June 2017, Ahlsell AB announced an agreement to acquire ViaCon VA – a Swedish water and sewer distribution business. It was also communicated that the transaction required the approval of The Swedish Competition Authority and closing was planned to September 2017.
Today, the Swedish Competition Authority announced its decision to conduct a special investigation to further examine the acquisition before reaching a conclusion, which will be announced within three months from today.
For further information contact:
Johan Nilsson, President and CEO Ahlsell AB, +46-8-685 70 00
Kennet Göransson, CFO, +46-70-621 12 94, firstname.lastname@example.org
This information is information that Ahlsell AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CEST on 2 August, 2017.
Ahlsell, listed on Nasdaq Stockholm, is the leading Nordic distributor of installation products, tools and supplies addressing installers, contractors, facility managers, industry, energy and infrastructure companies and the public sector. Our unique offering includes over a million articles and solutions. The Group has an annual turnover of about SEK 26 billion with approximately 97 percent of its net sales in Sweden, Norway and Finland. With approximately 5 000 skilled employees, over 200 stores and three central warehouses, we are committed to our customer promise: Ahlsell makes it easier to be professional.