Deliver Your News to the World

Competition Authority approves Ahlsell’s acquisition of the Finnish company Kojaltek OY


WEBWIRE

2006-05-29

Ahlsell’s acquisition of Kojaltek OY on 3 May has been approved by the Finnish Competition Authority. Kojaltek is a leading player on the Finnish market within the product areas of tools and machinery together with other industrial equipment.
The company has an annual turnover of about EURO 25 million, about 100 employees and has some ten establishments throughout Finland.

“ This acquisition gives Ahlsell an entry onto the Finnish market for tools and machinery where we are establishing ourselves as a leading player.” says Göran Näsholm, President and CEO of Ahlsell.

After the acquisition, Ahlsell’s Finnish operations will turn over more than EURO 200 million and will employ some 400 people.


For further information, please contact Göran Näsholm, President and CEO, or Camilla Weiner,
CIO, on 08-685 70 00.

This press release may be viewed on Ahlsell’s homepage: www.ahlsell.com
Ahlsell is the Nordic region’s largest trading company in installation products and tools & machinery. It offers a wide range of products and peripheral services to professional users in the following product areas: heating & plumbing, electrical, tools and machinery, refrigeration and DIY. The Group has an annual turnover of approx. EURO 2 billion and about 4,000 employees.



WebWireID14627





This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.