10/18/2016 11:30 AM Ahlsell publishes prospectus and announces price range for its initial public offer on Nasdaq Stockholm
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Following the announcement of its intention to float on 6 October 2016, Ahlsell AB (publ) (“Ahlsell” or the “Company”) today publishes its prospectus and announces the price range for its initial public offer (the “Offer”) of its shares and listing on Nasdaq Stockholm.
Ahlsell is a leading Nordic B2B distributor of products within HVAC & Plumbing, Electrical, and Tools & Supplies. The Company operates a unique business model in the region, designed as the best response to the needs of both customers and suppliers, with a one-stop-shop concept delivering a broad scope across geographies, product categories, sales channels and highly precise delivery methods. Ahlsell’s multi-segment installation product assortment is complemented with specialised and value-added advice. M&A is an integral part of Ahlsell’s growth strategy and Ahlsell acquired 51 companies during the period 2003 to 30 September 2016. In the twelve months ended 30 September 2016, Ahlsell generated net sales of SEK 23.7 billion, adjusted EBITA of SEK 2.1 billion and operating cash flow of SEK 2.2 billion.
For the full press release please follow the link www.ahlsell.com/ipo
For more information, please contact:
Anna Oxenstierna, Investor relations Ahlsell. Tel: +46 708 15 84 85
David Stürken, Maitland. Tel: +44 7990 595913