Ahlsell AB (publ) applies for de-listing and convenes an Extraordinary General Meeting
Quimper AB, which has been or will be indirectly invested in by CVC Funds (”Quimper”), declared the public offer for Ahlsell AB (publ) (“Ahlsell”) unconditional on 13 February 2019. Quimper controls more than 90 percent of the shares in Ahlsell and has requested compulsory redemption regarding the remaining shares in the company.
The Board of Directors of Ahlsell has, at the request of Quimper, today resolved to apply for de-listing of the company’s shares from Nasdaq Stockholm. The last day of trading in the company’s shares on Nasdaq Stockholm will be announced as soon as the company has received confirmation from Nasdaq Stockholm.
As requested by Quimper, the Board of Directors of Ahlsell has further today given notice of an Extraordinary General Meeting to be held on 25 March 2019, for the purposes of, amongst other things, appointing a new board.
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Karin Larsson, Head of IR and external communications
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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 just over BSEK 31 and is listed on Nasdaq Stockholm. About 97% of revenue is generated in the three main markets of Sweden, Norway and Finland. With about 5,700 employees, more than 240 branches and three central warehouses, we constantly fulfil our customer promise: Ahlsell makes it easier to be professional!
Press release, February 18, 2019