Ahlsell Norge AS is acquiring Proffklær AS to enhance its workwear and personal protective equipment offerings, solidifying its market position in Norway.
Target Company Overview
Ahlsell Norge AS has entered into an agreement to acquire all shares of Proffklær AS, one of Norway's largest independent suppliers of workwear, professional clothing, and personal protective equipment (PPE). The company employs 18 staff members and reported a revenue of NOK 90 million in 2022. Its operations include a retail store, an online shop, and a warehouse located in Brobekk, Oslo. Proffklær AS is recognized as an Eco-Lighthouse company and is a member of Grønt Punkt.
Industry Overview in Norway
The workwear and personal protective equipment industry in Norway has experienced significant growth in recent years, driven by an increased focus on safety and regulatory compliance across various sectors. The demand for high-quality, durable workwear has risen among employers, ranging from construction to healthcare, as companies strive to prioritize the safety of their employees. Furthermore, with the ongoing climate discussions, there’s a notable push for sustainable practices within the industry.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
As businesses begin to adapt to stringent environmental standards, suppliers that emphasize sustainability, like Proffklær AS, are becoming increasingly relevant. Eco-friendly certifications provide a competitive edge and
Similar Deals
Ahlsell Norge AS
invested in
Proffklær AS
in
in a Other deal
Disclosed details
Revenue: $9M