M&A Deal Summary

Ahlsell Acquires Grønvold Maskinservice

On November 22, 2021, Ahlsell acquired distribution company Grønvold Maskinservice

Acquisition Highlights
  • This is Ahlsell’s 25th transaction in the Distribution sector.
  • This is Ahlsell’s 8th transaction in Norway.

M&A Deal Summary

Date 2021-11-22
Target Grønvold Maskinservice
Sector Distribution
Buyer(s) Ahlsell
Deal Type Add-on Acquisition

Target

Grønvold Maskinservice

Oslo, Norway
Grønvold Maskinservice is a distributor of high-quality tools, fastening, and personal protective equipment. Grønvold Maskinservice was founded in 1996 and is based in Oslo, Norway.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 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 STATS #
Overall 35 of 61
Sector: Distribution M&A 25 of 29
Type: Add-on Acquisition M&A Deals 33 of 56
Country: Norway M&A 8 of 19
Year: 2021 M&A 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-21 Vaga

Tallinn, Estonia

Vaga is a Tallinn-based wholesale company and has a strong market position in water supply, wastewater, natural gas, and industry, as well as a range of tools offered to the construction industry. Vaga is based in Tallinn, Estonia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-23 Verktygsboden

Borgstena, Sweden

Verktygsboden is an e-commerce dealer specializing in workshops & garages and they also have a physical store in Borås. Verktygsboden is based in Borgstena, Sweden.

Buy -