Ahlsell acquires complementing business
(Thomson Reuters ONE) - A Letter of Intent has been signed between Ahlsell AB and the listedDanish company Solar A/S, relating to an acquisition of Solar'sbusiness in Finland.The business has a turnover of close to SEK 200 million, and around50 employees in seven locations throughout Finland.Adding further volumes to our existing business within the electricalsegment will strengthen our presence and competitiveness in Finland,says Group CEO Göran Näsholm.The transaction is expected to be finalised shortly and closing dateis planned to take place around New Year.For further information please contact Göran Näsholm, Group CEO,Phone +46 708 23 71 00, email goran.nasholm(at)ahlsell.se.Ahlsell is the Nordic region's leading trading company ininstallation products and tools & machinery. It offers a wide rangeof products and services to professional users in the segments ofheating & plumbing, electrical, tools and machinery, refrigerationand DIY. The Group has an annual turnover of approx. SEK 20 billionand about 4,500 employees.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 03.11.2009 - 09:27 Uhr
Sprache: Deutsch
News-ID 7828
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