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Beijer Byggmaterial to acquire Bygg-Ole

October 10, 2018 M&A

Vinge has advised Beijer Byggmaterial AB (“Beijer Byggmaterial”) in connection with Beijer Byggmaterial entering into an agreement to acquire Nacka Trä & Byggvaror, Sven Gustafsson AB ("Bygg Ole"). Completion of the transaction is subject to customary conditions.

Bygg Ole is a family owned company with stores in Nacka, Värmdö, Märsta och Saltsjö Boo. Bygg Ole has an annual turnover of more than MSEK 700 and employs more than 200 employees. Beijer Byggmaterial is Sweden’s largest wholly owned retailer and distributor of building materials with 69 stores across Sweden. With the acquisition of Bygg Ole, Beijer Byggmaterial grows to have a total of 73 stores in Sweden. Beijer Byggmaterial is part of Stark Group, the largest retailer and distributor of building materials in the Nordic region with operations in Denmark, Greenland, Norway, Sweden and Finland. 

Vinge’s team consisted of, among others, Jonas Bergström, Linda Sengul and Anna Thoms (M&A), Hayaat Ibrahim (Corporate Commercial), Kristoffer Larsson (Real Property/Lease Agreements) and Xandra Ståhlberg (Anti Trust).
 

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