M&A Deal Summary

Ahlsell Acquires HJM

On January 24, 2023, Ahlsell acquired building materials company HJM

Acquisition Highlights
  • This is Ahlsell’s 2nd transaction in the Building Materials sector.
  • This is Ahlsell’s 24th transaction in Sweden.

M&A Deal Summary

Date 2023-01-24
Target HJM
Sector Building Materials
Buyer(s) Ahlsell
Deal Type Add-on Acquisition

Target

HJM

Mölndal, Sweden
HJM provides a wide range of sheet metal, roof tiles, roofing sheets, TRP roofs, gutters, downpipes, roof safety, windows, and doors. HJM is based in Mölndal, Sweden.

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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 48 of 61
Sector: Building Materials M&A 2 of 3
Type: Add-on Acquisition M&A Deals 44 of 56
Country: Sweden M&A 24 of 28
Year: 2023 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-22 Sanistål

Aalborg, Denmark

Sanistål is a wholesaler to Danish industrial and handicraft companies within tools, machinery, technical products, Carl F fittings, electrical products, service vehicle interiors, HVAC, water & drainage as well as steel and metals. Sanistål was formed in 1972 and is based in Aalborg, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-25 Proffklær

Oslo, Norway

Proffklær is an independent supplier of workwear, promotional clothing, and personal protective equipment. The business includes an outlet, an online store, and a warehouse with operations in Brobekk, Oslo. Proffklær is based in Oslo, Norway.

Buy -