10/18/2023 1:30 PM Ahlsell acquires Midt-Norsk Rør AS
Ahlsell Norway has entered into an agreement to acquire all shares in Midt-Norsk Rør AS, a supplier of complete sewage systems, primarily to contractors, municipalities and agricultural customers in central Norway. The company, with establishments in Stjørdal, Ringebu and Helgeland,
has nine employees and the turnover in 2022 amounted to 50 MNOK.
With climate change and increased population growth that places greater demands on infrastructure, there is a strong need for maintenance of today's water and sewage systems as well as development and investment in new, innovative solutions. Midt-Norsk Rør specializes in all water and sewage related products and systems and has unique expertise in this specialist area where Ahlsell intends to expand to meet future requirements and new investment needs.
Through the acquisition of Midt-Norsk Rør, Ahlsell creates an even better offering to professional customers in the water and sewage industry, while at the same time making Ahlsell's broad product range, strong market presence, focused sustainability work and extensive logistics offering available to Midt-Norsk Rør's customers.
Closing is expected to take place in November 2023.
For more information please contact:
Claes Seldeby, Group CEO, Ahlsell AB
Tel. +46-8-685 70 00, email: claes.seldeby@ahlsell.se
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 SEK 50 billion, some 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