M&A Deal Summary

Ahlsell Acquires K-H Service

On June 26, 2024, Ahlsell acquired business services company K-H Service

Acquisition Highlights
  • This is Ahlsell’s 4th transaction in the Business Services sector.
  • This is Ahlsell’s 18th transaction in Norway.

M&A Deal Summary
Date 2024-06-26
Target K-H Service
Sector Business Services
Buyer(s) Ahlsell
Deal Type Add-on Acquisition

Target

K-H Service

Oslo, Norway
K-H Service specializes in sales, repair and maintenance of tools from well-known brands to professional craftsmen. The company offers e-commerce, store sales, and service workshops located near Oslo. K-H Service was formed in 1983 and is based in Oslo, Norway.

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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 58 of 59
Sector (Business Services) 4 of 4
Type (Add-on Acquisition) 54 of 55
Country (Norway) 18 of 19
Year (2024) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-12 Industripartner

Orkanger, Norway

Industripartner offers a comprehensive range of tools, machines, personal protective equipment, and industrial consumables within industry, oil and gas, marine, construction, and public administration. Industripartner is based in Orkanger, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-29 Kontram

Porsgrunn, Norway

Kontram offers products and solutions from well-known brands within the electrical field to installers and industrial segments such as; power stations, public transport, shipping industry, offshore, etc. Kontram was formed in 1996 and is based in Porsgrunn, Norway.

Buy -
Mergr

Product

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