CVC Capital Partners​ made an offer for Ahlsell, a Swedish construction materials company, of SEK55 per share, valuing it at about SEK24bn ($2.65bn). Total value of the offer is about SEK18bn ($2bn). The price represents a premium of 32.5% to the Ahlsell’s closing price the day before. CVC Capital Partners​ listed Ahlsell two years before. The private equity firm is Ahlsell's biggest shareholder with a 25% stake. CVC, which is making the bid through Quimper, a CVC-backed entity, said it would not increase its offer. Soren Vestergaard-Poulsen, a Managing Partner at CVC, said: “Our experience and history with the company provides us with the ability to help it grow further across its core segments and industries, delivering top quality services and value for all stakeholders."