The acquisition of Proffsmagasinet AB approved by the Swedish Competition Authority

In December The Ahlsell Group entered into an agreement to acquire Proffsmagasinet, a leading Nordic e-commerce business within tools and supplies. The Swedish Competition Authority has now approved the acquisition. Closing is expected to the January 2018.As communicated on December 1, Ahlsell entered an agreement to acquire Proffsmagasinet, who operates within e-commerce in Sweden, Norway and Finland and has about 50 employees. The company offers approximately 17,000 articles of well-known brands within professional-hardware products, such as tools, gauges, laser instruments and personal