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Ahlsell strengthens its position in tools and supplies in western Norway through the acquisition of Lindqvist AS

Ahlsell Norge AS has entered into an agreement to acquire all shares in Lindqvist AS. The company provides tools and supplies to craftsmen and the industrial sector in western Norway. The business includes an outlet, a warehouse, an online store and a workshop with operations in Bergen. The company has 10 employees and the turnover in 2022 amounted to 55 MNOK.

Attractive competence and product portfolio

Lindqvist AS offers a wide range of power tools, hand tools, fasteners and consumables. Their specialist expertise, service offering and product range in drilling and cutting equipment strengthens Ahlsell's total offering. By combining our strengths and competencies, we can now offer our customers a broader product range together with our comprehensive logistics solutions.

Own workshop provides great advantages

Ahlsell and Lindqvist share the same vision of building a more sustainable society, and Lindqvist's service workshop creates the opportunity for customers to extend the lifespan of the products they buy. When Lindqvist's expertise is combined with Ahlsell's strong sustainability work, we can offer customers even more environmentally friendly and cost-effective solutions.

Closing is expected to take place in early June.

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 7,500 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

Ahlsell Group
Årstaängsvägen 17
117 98 Stockholm, Sweden
Telephone: +46 8 685 70 00

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