.
MergerLinks Header Logo

New Deal


Announced

Completed

Presto completed the acquisition of Jockel.

Financials

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

Tags

Edit

Majority

Cross Border

Completed

Single Bidder

Private

Friendly

Germany

fire safety equipment

Diversified Industrials

Acquisition

Synopsis

Edit

Presto,a Nordic company that offers fire protection, first aid and safety training, completed the acquisition of Jockel, a full-service provider of fire safety in Germany. Financial terms were not disclosed. "It’s with great pleasure we are welcoming Jockel, and together becoming the European market leader. We are seeing a growing demand for our services - not at least since every second company still lacks proper fire safety - and together with Jockel we will be able to help even more customers to a safer workplace under the motto "Saving lives together". Jockel and Presto are both built on strong entrepreneurial values, and we very much look forward to continuing our growth journey with our new Jockel colleagues," Filip Bjurström, Presto CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US