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Consumer & Retail | Industrial Machinery & Components

Mestergruppen AS has been acquired by Ferd Capital

April 2011 — Ferd Capital has acquired 90% of the outstanding share capital of Mestergruppen AS through a tender offer to Mestergruppen's 262 shareholders.

Mestergruppen AS is one of Norway's largest players in the building materials industry. The group consists of three business areas: home building franchise chains (Mesterhus and Systemhus), building material outlets (Byggeriet) and real estate development. All business areas contribute to the high volume of merchandise handled by Mestergruppen. The Mesterhus chain has been the largest home builder in Norway for the last 11 consecutive years, building about 2,000 homes per year. Mestergruppen is growing rapidly, both organically and through acquisitions, and recently acquired a major building material outlet, Sentrum Bygg AS, located in Oslo.

Ferd Capital is part of Ferd AS, a leading Norwegian industrial and financial group which focuses on active and long-term investments in strong companies with potential for development.

Our role in the transaction

Oaklins' team in Norway advised the seller in this transaction.

Parties

Talk to the deal team

Nikolai Lunde

Managing Partner
Oslo, Norway
Oaklins Norway

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