Ahlsell aquires ProffPartner As
(Thomson Reuters ONE) -
Ahlsell and Jernia AS have entered into an agreement through which Ahlsell
acquires the shares in ProffPartner As.
ProffPartner is one of Norway's leading suppliers of tools and personal
protective equipment. ProffPartner has 24 own establishments, partnerships with
21 independent retailers in Norway, and seven establishments in Sweden. The
customers are primarily in the offshore, industrial and construction sectors.
The acquisition also includes Lexow and ProffPartner Security. The Group's total
turnover amounts to approximately SEK 1.2 billion, of which approximately 1.1
billion in Norway.
The acquisition supports Ahlsell's ambition to be the leading technical trading
company in the Nordics when it comes to installation products, tools and
personal protective equipment to professional customers.
With this acquisition Ahlsell in Norway will be the leading full-service
provider of installation products, tools and personal protective equipment. Our
businesses complement each other well, and we see the combined entity as a
strong platform for continued expansion in Norway, says Göran Näsholm, CEO of
Ahlsell AB. Ahlsell's turnover in Norway after the acquisition will amount to
nearly 6 billion SEK.
Knut Thjømøe, CEO of Jernia As, commented that the ProffPartner chain this way
will have the right conditions to further strengthen its position as a leading
company in the professional tool, protection and security market. JerniaGruppen
will continue to focus on specialized retail trade and consumer markets.
A final agreement assumes the Norwegian competition authorities approval.
Questions in relation this information will be answered by Göran Näsholm, Group
CEO, +46-708-23 71 00, goran.nasholm(at)ahlsell.se.
Ahlsell is the Nordic region's leading trading company in installation products
and tools & machinery. It offers a wide range of products and services to
professional users in the segments of HVAC, electrical, tools and machinery. The
Group has an annual turnover of approx. SEK 21 billion and about 4,500
employees.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ahlsell AB via Thomson Reuters ONE
[HUG#1715855]
Unternehmensinformation / Kurzprofil:
Datum: 11.07.2013 - 15:31 Uhr
Sprache: Deutsch
News-ID 277616
Anzahl Zeichen: 2845
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Ahlsell aquires ProffPartner As"
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