1/29/2018 8:00 AM The acquisition of Bekken & Strøm approved by the Norwegian Competition Authority

In December, Ahlsell AS entered into an agreement to acquire Bekken & Strøm AS, a leading Norwegian supplier of workwear and personal protective equipment. The Norwegian Competition Authority has now approved the acquisition. Closing is expected in the beginning of February.

Bekken & Strøm is one of the largest suppliers in Norway in workwear, protective equipment, work shoes and profile clothing. The company's headquarters and central warehouses are located in Gjøvik and stores are located in Oslo, Bergen, Trondheim, Kristiansand, Gjøvik, Sandefjord, Mo i Rana and Stryn. The company has annual sales of approximately 400 MNOK and approximately 160 employees.

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Ahlsell is the Nordic region’s leading distributor of installation products, tools and supplies for installers, construction companies, facility managers, industrial and power companies and the public sector. The unique customer offer covers more than one million individual products and solutions. The Group has a turnover of over SEK 27 billion and is listed on Nasdaq Stockholm. About 97 percent of revenue is generated in the three main markets of Sweden, Norway and Finland. With about 5,500 employees, more than 220 branches and three central warehouses, we constantly fulfil our customer promise: Ahlsell makes it easier to be professional! professional!