M&A Deal Summary

Hilti Group Acquires Øglænd System

On June 2, 2017, Hilti Group acquired energy services and equipment company Øglænd System from Segulah Advisor AB

Acquisition Highlights
  • This is Hilti Group’s 1st transaction in the Energy Services and Equipment sector.
  • This is Hilti Group’s 1st transaction in Norway.

M&A Deal Summary
Date 2017-06-02
Target Øglænd System
Sector Energy Services and Equipment
Buyer(s) Hilti Group
Sellers(s) Segulah Advisor AB
Deal Type Add-on Acquisition

Target

Øglænd System

Kleppe, Norway
Øglænd System develops, manufactures, and sells multidiscipline support solutions, cable trays, and cable ladders worldwide to the oil & gas, infra­structure, shipbuilding, wind power, water treatment and clean room industries. These solu­tions deliver added value through reduced installation time, maximized volume utilization, weight reductions, enhanced life-time integrity and improved safety performance. Øglænd System was formed in 1977 and is based in Kleppe, Norway.

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Buyer(S) 1

Buyer

Hilti Group

Schaan, Liechtenstein
Category Company
Founded 1941
Sector Information Technology
Employees25,000
DESCRIPTION

Hilti Group make and design major-edge technology, software and services, which power the professional construction industry. Company offer a 360 degrees service to build from software for design, products and tools for work onsite to training, repairs, testing and consultancy. Company are one-stop shop for building, worldwide. Company global, based in over 120 countries with more than 25,000 employees.

DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Norway) 1 of 1
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-11 Concrete Sensors

Cambridge, Massachusetts, United States

Concrete Sensors is a provider of connected smart devices, software, and services that help enable improved decision making and accelerated construction schedules through better understanding of the concrete curing process. Concrete Sensors was established in 2015 and is based in Cambridge, Massachusetts.

Buy -

Seller(S) 1

SELLER

Segulah Advisor AB

Stockholm, Sweden

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 11.1B SEK
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Segulah Advisor AB is a Swedish private equity firm focused on buyouts of mid-sized companies throughout Scandinavia. Segulah seeks profitable companies with defensible market positions, strong development potential, and experienced management. The Firm targets companies with annual revenues upto SEK 2 billion. Segulah Advisor AB was formed in 1994 and is based in Stockholm.

DEAL STATS #
Overall 28 of 40
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 17 of 21
Country (Norway) 1 of 2
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-14 Sandbackens

Linkoping, Sweden

Sandbackens is a heating and sanitation contractor that provides alterations and renovations in all areas of plumbing, including heat pumps, district heating, and solar panels. Sandbackens was formed in 1993 and is based in Linkoping, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-04 Byggfakta Group

Ljusdal, Sweden

Byggfakta Group is a provider of business intelligence and data analytics services essential in the generation of sales leads within the construction, real estate and healthcare markets across the Nordic region. Byggfakta Group was established in 1936 and is based in Ljusdal, Sweden.

Sell -
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