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Classified in: Business
Subject: TNM

OptiGroup to Acquire Skovly-Gruppen AS


STOCKHOLM, Feb. 24, 2020 /PRNewswire/ -- OptiGroup has agreed to acquire 100 percent of the shares of Skovly-Gruppen AS. The transaction, which is subject to approval by the Norwegian Competition Authority, is expected to be completed in the coming months. The purchase price has not been disclosed.

Skovly-Gruppen, with revenues of approximately NOK 125 million, is a Norwegian full service wholesaler of professional cleaning and hygiene products. Through the acquisition, the business area Facility, Safety & Foodservice will further strengthen its Nordic position in the area of cleaning, hygiene and facility management supplies.

For further information, please contact:

Jens Jakob Zahle, Senior Vice President M&A, Tel. +45-51203030

Stefan Sikander, Corporate Communication Director, OptiGroup, Tel. +46-706-404684

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/optigroup/r/optigroup-to-acquire-skovly-gruppen-as,c3041343


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