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Announced

Completed

Konstel completed the acquisition of Elman.

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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Private

Friendly

Norway

Construction Services

Completed

Domestic

Private Equity

construction services

Single Bidder

Acquisition

Majority

Synopsis

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Konstel, an electrical installation company in Norway, completed the acquisition of Elman, an electrical installation company. Financial terms were not disclosed. "With Elman on the team, we become an even more competent and complete electrical installer, which satisfies Central Norway's demand for electrical installations and energy-efficient services," Lars Ole Hageskal, Konstel Regional Director in Region.

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