M&A Deal Summary |
|
|---|---|
| Date | 2008-06-25 |
| Target | Hammerstrøm AS |
| Sector | Consumer Products |
| Buyer(s) | Jøtul |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1853 |
| Sector | Consumer Products |
| Employees | 800 |
| Revenue | 920M SEK (2014) |
Jøtul is a manufacturer and distributor of cast-iron stoves and fireplaces, inserts and cassettes. Jøtul has a strong global market position through the group’s primary brands Jøtul and Scan. Manufacturing mainly takes place in Norway and Denmark, with smaller units in France and the US. The company’s products are sold worldwide through its sales subsidiaries and distributors. Jøtul was founded in 1853 and is based in Kråkerøy, Norway.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Consumer Products M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| Country: Norway M&A | 1 of 1 |
| Year: 2008 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-07 |
AICO
Palazzolo sull'Oglio BS, Italy AICO S.p.A. is an Italian manufacturer of residential stoves, fireplaces, boilers, and cookers. AICO offers a wide range of premium home heating products that are energy efficient and utilize pellets, a renewable energy source. The business features two well-established brands; Ravelli and Elledi and they are exported to more than 40 countries. Headquartered in Palazzolo sull’Oglio, Italy, AICO’s 150 employees oversee the design, manufacturing and in-house testing to ensure all products comply with European quality, safety, and environmental compliance standards. |
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