CVC extends its partnership with Ahlsell

Recent work|September 16, 2025

Roschier advised CVC on the extension of its partnership with Ahlsell in a transaction in which a selected group of blue-chip investors also join Ahlsell’s shareholder base to, alongside CVC and Ahlsell’s management team, support the next phase of Ahlsell’s growth. Roschier has previously supported CVC in key milestones related to Ahlsell – from CVC’s initial acquisition in 2012, through the IPO in 2016 and the subsequent public tender offer in 2019, to this latest transaction.

Ahlsell is the leading B2B industrial distributor of technical products in the Nordics, serving a broad customer base across industry, infrastructure and installation. Ahlsell operates over 300 stores, and the group had a turnover of approximately SEK 50 billion during 2024. During the partnership with CVC over the past decade, Ahlsell has successfully executed on its differentiated multi-vertical strategy, developed its omnichannel presence and completed over 100 synergistic acquisitions. Ahlsell is also a leader in sustainability and was awarded a platinum rating by EcoVadis placing it among the top 1% of rated companies globally.

Completion of the transaction is expected to take place in Q4 2025.

Roschier’s core advisory team comprised Jens Bengtsson, Jeppa Persson, Vicky Kaufmann, Axel Bonning, Lova Winell, Ellen M. Pettersson, Alice Josephson, Sebastian Nwosu, Lisa Person, David Lindgren, Donart Topalli, Kristian Hugmark, Johan Wahlbom, Jacob Giesecke, Evelina Sonstrand Siska, and Simon Tell.