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Announced

Completed

Storskogen completed the acquisition of a majority stake in Christ & Wirth.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Tags

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Private

Property Services

Friendly

Majority

Single Bidder

HVAC installation

Completed

Acquisition

Germany

Cross Border

Synopsis

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Storskogen, a diversified group of profitable companies, completed the acquisition of a majority stake in Christ & Wirth, a full-service provider of building technology services and a well established mid-sized installation specialist. Financial terms were not disclosed. “Christ & Wirth, with its specialised skills within building technology, and its comprehensive range of services is an optimal addition to Storskogen’s expertise in the installation field and a strong extension of our industrial activities in Germany. We warmly welcome the entire Christ & Wirth team to the Storskogen family and are delighted about the future cooperation," Lars Nottehed, Storskogen Managing Director.

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