M&A Deal Summary

Instalco Group Acquires Halvard Thorsen

On March 30, 2023, Instalco Group acquired business services company Halvard Thorsen

Acquisition Highlights
  • This is Instalco Group’s 29th transaction in the Business Services sector.
  • This is Instalco Group’s 9th transaction in Norway.

M&A Deal Summary

Date 2023-03-30
Target Halvard Thorsen
Sector Business Services
Buyer(s) Instalco Group
Deal Type Add-on Acquisition

Target

Halvard Thorsen

Kristiansand, Norway
Halvard Thorsen is a plumbing company provides all types of plumbing work, from new construction, rehabilitation and industry, to the smallest service assignment. Halvard Thorsen was founded in 1934 and is based in Kristiansand, Norway.

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Buyer(S) 1

Buyer

Instalco Group

Solna, Sweden

Category Company
Sector Electrical Equipment
Revenue 550M SEK (2013)
DESCRIPTION

Instalco Group is a swedish plumbing and electrical installation company.


DEAL STATS #
Overall 55 of 56
Sector: Business Services M&A 29 of 30
Type: Add-on Acquisition M&A Deals 54 of 55
Country: Norway M&A 9 of 9
Year: 2023 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-23 Processus

Stockholm, Sweden

Processus is an engineering firm specialised in project management, process design, automation and industrial IT. Processus primarily focuses on four segments: pharmaceutical, food, energy, and industry and it has offices in Stockholm, Uppsala, Gothenburg, and Malmö.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-29 Der Kindler

Gartringen, Germany

Der Kindler provides plumbing, heating, and bathroom renovation services for residential customers across the Böblingen and Herrenberg regions of Germany. Der Kindler was founded in 1959 and is headquartered in Gartringen, Germany.

Buy -