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New Deal


Announced

Completed

Konstel completed the acquisition of Krøderen Elektro.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Friendly

Acquisition

Private

Single Bidder

Electronic Components and Equipment

electrical contractor

Norway

Majority

Completed

Synopsis

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Konstel, a provider of electrical installation and service supplier, completed the acquisition of Krøderen Elektro, an electrical contractor in Eastern Norway. Financial terms were not disclosed. "Together with our knowledge of Konstel, and the good relationship we have had over several years, their business model was crucial because it was precisely Konstel we wanted to be a part of. We are now part of an even larger company, with benefits such as good purchasing conditions, digital tools, competence development and marketing at the same time as we are the local electrician, with the strong name we have built over time. We are still Krøderen Elektro, locally present and available to our customers, but now also part of Konstel," Vegard Jelstad, Konstel General Manager.

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