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

MyDeal.com.au (ASX:MYD) has completed an IPO
Consumer & Retail

MyDeal.com.au (ASX:MYD) has completed an IPO

MyDeal.com.au has completed an Initial Public Offering (IPO) to raise US$29.4 million under the ticker ASX:MYD, which values the company at a market cap of approximately US$191 million. The IPO was strongly supported by several well-known institutional investors and family offices, with Morgans and RBC acting as joint lead managers and underwriters.

Learn more
Alon Blue Square Israel has issued bonds worth US$81 million
Consumer & Retail

Alon Blue Square Israel has issued bonds worth US$81 million

Alon Blue Square Israel Ltd. has completed a fundraising to refinance and develop the company.

Learn more
Axdis Pro has acquired Splitmania
Construction & Engineering Services | Other Industries

Axdis Pro has acquired Splitmania

The founders of Splitmania have sold the company to Axdis Pro.

Learn more