M&A Deal Summary

Aars Acquires Alfa Sko

On February 1, 2007, family office Aars acquired apparel/textiles company Alfa Sko

Acquisition Highlights
  • This is Aars’ 1st transaction in the Apparel/Textiles sector.
  • This is Aars’ 2nd transaction in Norway.

M&A Deal Summary

Date 2007-02-01
Target Alfa Sko
Sector Apparel/Textiles
Buyer(s) Aars
Deal Type Buyout (LBO, MBO, MBI)

Target

Alfa Sko

Gran, Norway
Alfa Sko is a footwear brands company involved in designing, producing and marketing footwear within the categories mountain/trekking, hunting, cross country skiing and uniform and their products are sold primarily through sports retail. Alfa Sko was founded in 1932 and is based in Gran, Norway.

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Buyer(S) 1

Buyer
DESCRIPTION

Aars is a family-backed private investment firm focused on a variety of direct and other alternative investments. The Firm's direct investment group is sector agnostic and will consider opportunities throughout Scandinavia. Aars looks for businesses with strong company cultures and situations where strategic expertise can help with growth. Aars was originally established in 1936 and is based in Oslo, Norway.


DEAL STATS #
Overall 3 of 10
Sector: Apparel/Textiles M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 5
Country: Norway M&A 2 of 9
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-01 ITP Group

Oslo, Norway

ITP Group is a manufacturing, sourcing, quality control and ethical trade compliance company involved in manufacturing of products, as according to the customers ethical and product specific requirements. ITP Group was founded in 1999 and is based in Oslo, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-22 Molift AS

Oslo, Norway

Molift AS is a manufacturer of equipment for moving and handling patients. The company products include patients moving, handling, technical equipment, etc.

Sell -