M&A Deal Summary

Ahlsell Acquires Kartecon

On June 22, 2021, Ahlsell acquired manufacturer Kartecon

Acquisition Highlights
  • This is Ahlsell’s 2nd transaction in the Manufacturing sector.
  • This is Ahlsell’s 6th transaction in Finland.

M&A Deal Summary

Date 2021-06-22
Target Kartecon
Sector Manufacturing
Buyer(s) Ahlsell
Deal Type Add-on Acquisition

Target

Kartecon

Vantaa, Finland
Kartecon offers a wide range of tools and supplies, workwear, fastening solutions and construction products. Kartecon is based in Vantaa, Finland.

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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 30 of 61
Sector: Manufacturing M&A 2 of 4
Type: Add-on Acquisition M&A Deals 29 of 56
Country: Finland M&A 6 of 10
Year: 2021 M&A 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Marie Swards Svets & Verktygs

Borlange, Sweden

Marie Swards Svets & Verktygs is a local wholesaler, sells a wide range of welding equipment, tools and industrial supplies. Marie Swards Svets & Verktygs is based in Borlange, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 T. Bentsen

Fyllingsdalen, Norway

T. Bentsen is a supplier of welding and gas equipment, fastening materials, and special tools in Western Norway. T. Bentsen was formed in 1971 and is based in Fyllingsdalen, Norway.

Buy -