Add-on Acquisition • E-Commerce

Ahlsell Acquires Lindqvist

On May 30, 2023, Ahlsell acquired e-commerce company Lindqvist

Acquisition Context
  • This is Ahlsell’s 5th transaction in the E-Commerce sector.
  • This is Ahlsell’s 13th transaction in Norway.

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M&A Deal Summary

Date May 30, 2023
Target Lindqvist
Sector E-Commerce
Buyer(s) Ahlsell
Deal Type Add-on Acquisition

Target Company

Lindqvist

Bergen, Norway
Lindqvist offers a wide range of power tools, hand tools, fasteners, and consumables. The company's specialist expertise, service offering, and product range in drilling and cutting equipment. Lindqvist is based in Bergen, Norway.
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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 50 of 61
Sector: E-Commerce 5 of 6
Type: Add-on Acquisition 46 of 56
Country: Norway 13 of 19
Year: 2023 3 of 4
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-15 B-Max Svets

Stenkullen, Sweden

B-Max Svets is a manufacturer of steel structures for prefabricated walls and steel hall. B-Max Svets is based in Stenkullen, Sweden.

Buy -

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