Ahlsell acquires Finnish distributor of HVAC brackets and installation tools

Ahlsell Oy has signed an agreement to acquire Kahipa Oy (Kahipa), a Finnish distributor of HVAC brackets and installation tools with annual sales of approximately MEUR 3,5. "Kahipa offers its customers specialist competence in a strategically important niche market. A bulk of the HVAC brackets are sold under private label, and we see good opportunities to extend the offering of these quality products nationwide.” says Mika Salokangas, Head of operations for Ahlsell in Finland. Kahipa has seven employees, two branches in the southern parts of Finland and cater to a broad customer base