M&A Deal Summary

Prevex AB Acquires Swennex

On December 13, 2022, Prevex AB acquired retailer Swennex

Acquisition Highlights
  • This is Prevex AB’s 1st transaction in the Retail sector.
  • This is Prevex AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2022-12-13
Target Swennex
Sector Retail
Buyer(s) Prevex AB
Deal Type Add-on Acquisition

Target

Swennex

Trelleborg, Sweden
Swennex provides products within hydraulics, industry, tools, work wear and profile clothing, as well as equipment for work in parks, forests and gardens. Swennex is based in Trelleborg, Sweden.

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Buyer(S) 1

Buyer

Prevex AB

Hisings Backa, Sweden

Category Company
Founded 1979
Sector Retail
Employees102
Revenue 350M SEK (2015)
DESCRIPTION

Prevex AB is a specialized hardware store chain for professionals. Prevex AB was founded in 1979 and is based in Hisings Backa, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2022 M&A 1 of 1