5/17/2018 6:00 AM Ahlsell acquires Swedish full-range distributor of tools and supplies
Ahlsell Sverige AB has signed an agreement to acquire Bygg & IndustriPartner Skaraborg AB (Bygg & IndustriPartner) with annual sales of approximately MSEK 30.
Bygg & IndustriPartner offers local installers and contractors within construction and industry a full range of tools and supplies. The company has its branch in Skövde, south of Sweden, and has seven employees.
"Bygg & IndustriPartner is a well-managed company. Just like Ahlsell, they provide a wide range of products while focusing on reducing the customers' total costs. Through the acquisition, we will strengthen our presence in the region, and our customers can look forward to an even stronger offer.", says Claes Seldeby, Head of operations for Ahlsell in Sweden.
The acquisition is expected to be closed in June and have a minor positive impact on the Group's earnings in 2018. The agreement was signed through Ahlsell’s subsidiary Prevex AB.
For further information please contact: Karin Larsson, Head of IR and external communications
+46 8 685 59 24, firstname.lastname@example.org
Johan Nilsson, President and CEO, Ahlsell AB
+468 685 70 00, email@example.com
Ahlsell is the Nordic region’s leading distributor of installation products, tools and supplies for installers, construction companies, facility managers, industrial and power companies and the public sector. The unique customer offer covers more than one million individual products and solutions. The Group has a turnover of over SEK 28 billion and about 97 percent of revenue is generated in the three main markets of Sweden, Norway and Finland. With about 5,600 employees, more than 230 branches and three central warehouses, we constantly fulfil our customer promise: Ahlsell makes it easier to be professional!
Press release, May 17, 2018
Bygg & IndustriPartner Skaraborg AB