Add-on Acquisition • Apparel/Textiles

Ahlsell Acquires HMK I Västerås AB

On January 24, 2018, Ahlsell acquired apparel/textiles company HMK I Västerås AB

Acquisition Context
  • This is Ahlsell’s 1st transaction in the Apparel/Textiles sector.
  • This is Ahlsell’s 17th transaction in Sweden.

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M&A Deal Summary

Date January 24, 2018
Target HMK I Västerås AB
Sector Apparel/Textiles
Buyer(s) Ahlsell
Deal Type Add-on Acquisition

Target Company

HMK I Västerås AB

Västerås, Sweden
HMK I Västerås AB offers a wide range of well-known brands in workwear and personal protection. The store is located in Västerås, an hour west of Stockholm, and the customers are mainly professionals within construction, painting, car retailers and restaurants.
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Buyer Overview 1

Buyer

Ahlsell

Stockholm, Sweden

Category Company
Founded 1877
Sector Distribution
Employees4,500
Revenue 2.5B SEK (2012)
DESCRIPTION

Ahlsell is a distributor of heating & plumbing and electrical installation products. The company is focused on five core markets: Heating & Plumbing, Electrical, Tools & Machinery, Refrigeration and DIY, and has built leading market positions in a number of these sectors across the Nordic region. Ahlsell's diversified customer base has access to over 125,000 products from the company's 216 outlets across the region and can access a further 200,000 products from Ahlsell's suppliers. Ahlsell was founded in 1877 and is based in Stockholm, Sweden.


Deal Context for Buyer #
Overall 24 of 61
Sector: Apparel/Textiles 1 of 1
Type: Add-on Acquisition 24 of 56
Country: Sweden 17 of 28
Year: 2018 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-21 Proffsmagasinet Svenska AB

Hägersten, Sweden

Proffsmagasinet Svenska AB is a Nordic e-commerce business within tools and supplies. The company offers approximately 17,000 articles of well-known brands within professional-hardware products, such as tools, gauges, laser instruments and personal protective equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-29 Bekken & Strøm AS

Gjøvik, Norway

Bekken & Strøm AS is a Norwegian distributor of workwear and personal protective equipment. Bekken & Strøm is one of the largest suppliers in Norway in workwear, protective equipment, work shoes and profile clothing. The company's headquarters and central warehouses are located in Gjøvik and stores are located in Oslo, Bergen, Trondheim, Kristiansand, Gjøvik, Sandefjord, Mo i Rana and Stryn.

Buy -