Alligo acquires LVH AS in Norway

 TOOLS AS, a company within the Alligo Group, has acquired all shares in the Norwegian company LVH AS, a retailer of tools, supplies, work clothes and personal protective equipment in Lillehammer in Norway.

LVH AS has a turnover of approximately NOK 13 million and has four employees. The company will be integrated into TOOLS Norway.

- LVH is a company with experienced and competent employees who have good customer relations in Lillehammer and Gudbrandsdalen. Through the purchase of LVH, we further strengthen our position in Innlandet, says Jens Kristian Henriksen, country manager in Norway for Alligo.

- LVH fits very well into the TOOLS chain and we continue with our strategy of supplementing our organic growth with acquisitions, says Clein Ullenvik, President and CEO of Alligo.

The acquisition was completed on August 19, 2022.

For further information please contact:

Clein Ullenvik, CEO & CEO
Phone +46 8 712 00 00
ir@alligo.com

About Alligo

Alligo is a leading player within workwear, personal protective equipment, tools, and consumables in the Nordic region. The Group has annual revenue of approximately SEK 8.5 billion and approximately 2,300 employees. Alligo AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.alligo.com.

Alligo AB (publ)

Box 631, 135 26 Tyresö · Vindkraftsvägen 2, 135 70 Tyresö · Telefon +46 (0) 8 – 727 27 20 · www.alligo.com