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Ahlsell acquires distributor of tools and machinery in Finland

Ahlsell has agreed with Tarvikeykköset's owners to acquire the company, a strong distributor within the sector of tools and machinery in Tampere. The company has 18 employees and an annual turnover of just over SEK 50 million.

-Tarvikeykköset is a well-run company with good profitability that complements our activities in Finland. The acquisition strengthens Ahlsell's presence in the Tampere region, Finland's most densely populated area after Helsinki, says Göran Näsholm, President and CEO of Ahlsell.

Tarvikeykköset has one outlet and sells mainly to the industry sector. The former owners will continue to work in the company.

The acquisition is planned to come into force on December 3, 2007.

For further information, please contact Göran Näsholm, President and CEO, on +46 708 23 71 00 or Camilla Weiner, CIO, on +46 734 04 70 62.

Ahlsell is the leading technical trading company in the Nordic countries within installation products, tools and machinery, with operations also in the Baltic States and Russia. Ahlsell offers professional users a wide range of goods and peripheral services within the product segments of Heating & Plumbing, Electricity, Tools & Machinery, Refrigeration and DIY (Do it yourself). The Group has an annual turnover of approximately 2,5 billion Euros and about 5,500 employees.


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