M&A Deal Summary

NRI Group Acquires KGC Verktyg & Maskiner AB

On May 10, 2016, NRI Group acquired machinery company KGC Verktyg & Maskiner AB

Acquisition Highlights
  • This is NRI Group’s 1st transaction in the Machinery sector.
  • This is NRI Group’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2016-05-10
Target KGC Verktyg & Maskiner AB
Sector Machinery
Buyer(s) NRI Group
Deal Type Add-on Acquisition

Target

KGC Verktyg & Maskiner AB

Alvsjo, Sweden
KGC Verktyg & Maskiner AB is a provider of professional tools for tiling and bricklaying. KGC offers a wide selection of high quality hand tools, water-cooled saws, drilling equipment etc, as well as accessories like tile moldings and building boards to tilers and plasterers.

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Buyer(S) 1

Buyer

NRI Group

Molndal, Sweden

Category Company
Founded 2005
Sector Building Materials
Employees70
Revenue 350M SEK (2021)
DESCRIPTION

NRI Group develops, markets, and sells interior, exterior, and renovation products to consumers and professionals in the Nordic region. NRI Group was established in 2005 and is based in Molndal, Sweden.


DEAL STATS #
Overall 2 of 2
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Sweden M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-22 Jabo Wood Products AB

Ambjornarp, Sweden

Jabo Wood Products AB is a provider of outdoor environment products as sheds, stores and fences.

Buy -