Stockholm, October 28, 2016 — Nasdaq (Nasdaq: NDAQ) announced that Ahlsell AB (short name: AHSL), a Large Cap company within the Industrial sector, has started trading of its shares on the main market of Nasdaq Stockholm. Ahlsell is the 65th company to list at Nasdaq’s Nordic markets* in 2016.
Ahlsell is a Nordic distributor of installation products, tools and supplies addressing installers, contractors, facility managers, industry, energy and infrastructure companies as well as the public sector. The Company’s business model is designed to meet the needs of both customers and suppliers, and its multi-segment product assortment is complemented with specialised and value-added advice. M&A is an integral part of Ahlsell’s growth strategy, and Ahlsell acquired 51 companies during the period 2003 to 30 September 2016. Headquartered in Stockholm, Sweden, Ahlsell has 5,000 employees and primarily operates in Sweden, Norway and Finland. For more information, please visit www.ahlsell.com
“We are very happy about the great interest in Ahlsell demonstrated by the public and institutional investors. The strong demand of subscribing in the IPO confirms a high level of confidence in our strategy, the strength in our unique offering and the potential in our position as a leading distributor in the Nordic region. The listing is an important step in Ahlsell’s continued journey and we look forward to continue to develop and create long-term profitable growth as a public company”, said Johan Nilsson, President and CEO of Ahlsell.
“We welcome Ahlsell to Nasdaq Stockholm, where they will make a compelling addition to our Industrial sector,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Ahlsell is the largest listing at Nasdaq Stockholm in 2016 and one of the largest listings ever in Sweden, and we look forward to supporting their continued journey as a publicly traded company.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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