Ahlsell AB - Experts & Thought Leaders

Ahlsell Sverige AB has entered into an agreement to acquire all shares in Inseco AB. Inseco provides industrial fastening products and services for the engineering industry as well as the power and energy sectors. Industrial fastening products Through this acquisition, Ahlsell strengthens its offering in industrial fastening, gaining increased expertise, a broader product range, various VMI (Vendor Managed Inventory) solutions and enhanced availability in a new geographic area. Additionally, Ahlsell expands its market position and can offer an even more comprehensive service in fastening to industrial customers. Inseco AB has twelve employees and generates an annual revenue of approximately 50 MSEK. The company is based in Söderhamn, where it has its warehouse and office. The acquisition is expected to be completed in December 2024.

Ahlsell Danmark ApS, through its subsidiary KJV A/S, has signed an agreement to acquire all shares in Herning Industri Lager A/S. Going forward; the company will become part of the industrial specialist - KJV A/S. Through this acquisition, the position and offering in the Danish industrial sector are strengthened. Herning Industri Lager A/S Herning Industri Lager A/S sells tools, fasteners, transmissions, machines, and other technical assortments to industrial companies in central Jylland. The company has 16 employees in Herning, where, in addition to a store, they also have a warehouse and head office. The turnover is 65 MDKK (2023). With this acquisition, Ahlsell is creating one of Denmark’s major suppliers of tools, transmissions, machines, and technical articles in Jylland. The acquisition is expected to be completed in November 2024.

Olli Köresaar has been appointed new Chief Executive Officer (CEO) of Ahlsell Finland and the Baltics. He will assume his new position on the 1st of September and will be part of Ahlsell’s group management. Olli joins the company from Schindler, where he held multiple leading roles over 16 years, most recently as CEO UK & Ireland and prior to that as Managing Director for the Nordics, as well as for Finland. Olli Köresaar appointed new CEO of Ahlsell Olli is an enthusiastic leader and is known for his ability to facilitate change, as well as great business acumen. He is a skilled professional in the mechanical engineering and manufacturing industry and brings his wealth of international experience to his new role at Ahlsell. “I am pleased to have Olli Köresaar join Ahlsell. His value-driven leadership skills and reputation for spearheading change, combined with his extensive industry and international business experience makes him an excellent addition to our team,” says Claes Seldeby, the Chief Executive Officer (CEO) of Ahlsell AB.