Go to deals
Construction & Engineering Services | Consumer & Retail

Byggmakker Handel AS has acquired Gipling AS

Byggmakker Handel AS, a wholly owned subsidiary of Kesko Corporation, has acquired Gipling AS.

Byggmakker Handel is a wholly owned subsidiary of Kesko Corporation, a listed Finnish company operating in the grocery, building and technical, and the car sectors. Byggmakker Handel is a part of Kesko’s building and technical trade division which is active in eight countries. In Norway, the division includes 25 Onninen stores and 65 Byggmakker stores, mostly operated under the retailer business model. In 2017, Byggmakker Norway’s net sales amounted to US$460 million.

Gipling is a Norwegian player in the building and home improvement trade sector, with net sales of approximately US$172 million in 2017. Gipling operates 19 Byggmakker stores and employs 540 professionals around the Trondheim area.

Gipling Holding AS is the holding company of the Gipling owners.

Oaklins' team in Norway advised Byggmakker Handel AS in this transaction.

Service
M&A buy-side
Parties

Talk to the deal team

 Trygve  Graff-Wang

Trygve Graff-Wang

Principal

Oslo, Norway
Oaklins Norway
 Nikolai K. Lunde

Nikolai K. Lunde

Managing Partner

Oslo, Norway
Oaklins Norway
 Lars Vetle Vislie Willums

Lars Vetle Vislie Willums

Associate

Oslo, Norway
Oaklins Norway

Related deals

Brecon Beacons Holiday Cottages has been acquired by The Travel Chapter
Private Equity | Consumer & Retail

Brecon Beacons Holiday Cottages has been acquired by The Travel Chapter

The shareholders of Brecon Beacons Holiday Cottages have sold the company to The Travel Chapter Ltd.

Learn more
Shookit has been acquired by Atara
Consumer & Retail | Food & Beverage | Logistics

Shookit has been acquired by Atara

Bond, a fast and accurate last-mile company, has sold Shookit, a fresh products provider, to Atara, run by members of the Atar family, third generation farmers.

Learn more
Ironwood Partners has sold Stevens Equipment Supply to Daikin Industries
Construction & Engineering Services

Ironwood Partners has sold Stevens Equipment Supply to Daikin Industries

Ironwood Management Partners Fund II, LP (Ironwood Partners, LLC) has sold Stevens Equipment Supply, LLC to Daikin Industries, Ltd.

Learn more