Ahlsell has agreed to acquire Vårby Färghall and Södertälje Färghandel, enhancing its product range and market presence in Sweden's paint and wallpaper sector.
Target Information
Ahlsell has signed an agreement to acquire Vårby Färghall and Södertälje Färghandel. Together, these companies employ 28 staff members and achieved a net revenue of 116 million SEK in 2022. Vårby Färghall and Södertälje Färghandel stand as Sweden's largest independent retailers in paint and wallpaper, providing customers with high-quality products for over a century.
In addition to their two physical stores, these businesses also boast a well-established online presence through their websites, www.tapethandeln.se and www.färgvaruhuset.se. The acquisition will allow Ahlsell to leverage these platforms to enhance its market offerings and reach a broader audience.
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Industry Overview
The paint and wallpaper sector in Sweden is characterized by a strong demand for quality and variety. The industry has evolved significantly over the years, adapting to changing consumer tastes and trends,
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Ahlsell
invested in
Vårby Färghall and Södertälje Färghandel
in 2023
in a Other deal
Disclosed details
Revenue: $11M