Ahlsell acquires Verktøy-Maskin AS

Ahlsell Norge AS has entered into an agreement to purchase all shares in Verktøy-Maskin AS. The acquisition represents an additional contribution to Ahlsell's growth within the industrial segment. Verktøy-Maskin has 9 employees and a turnover of approximately 42 million in 2023.

Since 1976, Verktøy-Maskin has been a trustworthy supplier to the industrial sector around Mandal in Norway where they are located. The company offers a wide range of power tools, cutting tools, transmissions, protective equipment, work wear, consumables, screws and fasteners.

Verktøy-Maskin is known for their high service level and short delivery times. Combining Ahlsell´s and Verktøy-Maskin's logistic capabilities, ensures customers gain access to an even wider range of assortment, and can improve their supply chain efficiency.

Closing is expected to take place in June 2024.

For more information please contact:

Claes Seldeby, Group CEO, Ahlsell AB
Tel. +46-8-685 70 00, email: [email protected]

Press release, Stockholm, 19 April 2024

Ahlsell is the leading Nordic distributor of installation products, tools and supplies addressing installers, contractors, facility managers, industry, energy companies and the public sector.

With an annual turnover of approximately 50 billion SEK, almost 8,000 employees, more than 300 stores, e-commerce and four central warehouses, we deliver on our promise to our customers, every day: Ahlsell makes it easier to be professional.

Read more on www.ahlsell.com