Ahlsell acquires distributor of fastening solutions in Gothenburg
Ahlsell Sverige AB has, through its subsidiary Prevex AB, signed an agreement to acquire Infästningsspecialisten Göteborg AB (Infästningsspecialisten) with annual sales of approximately SEK 28 million.
Infästningsspecialisten distributes building supplies to professional customers in the region of Västra Götaland in Sweden. The company has a particularly strong position within fastening solutions and related tools. The products are sold to small and medium-sized contractors within the customer segments construction, electrical, assembly, steel plating, plumbing and demolition. The company is privately owned and has eight employees.
"Infästningsspecialisten operates in an attractive product segment and has a strong external sales force. Through the acquisition, our customers in the region gain even better access to components within fastening.", says Johan Nilsson, President and CEO of Ahlsell AB (publ).
The operations of Infästningsspecialisten will be integrated into Prevex AB, a subsidiary of Ahlsell Sverige AB, and the acquisition is expected to be closed in the beginning of December. The acquisition is expected to have a minor positive impact on the Group's earnings for 2018.
For further information please contact:
Karin Larsson, Head of Investor relations and external communications
+46 8 685 59 24, Karin.Larsson@ahlsell.se
Ahlsell AB (publ) 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 approximately SEK 27 billion and is listed on Nasdaq Stockholm. About 97 percent of the revenue is generated in the three main markets of Sweden, Norway and Finland. With over 5,000 employees, more than 200 branches and three central warehouses, we constantly fulfil our customer promise: Ahlsell makes it easier to be professional.
Press release, November 30 2017