Copyright © Inderes 2011 - present. All rights reserved.
Log ind for at modtage meddelelser.
  • Latest
  • Markeder
    • Aktieoversigt
    • Finanskalender
    • Dividends Calendar
    • Research
    • Artikler
  • InderesTV
  • Forum
  • Om os
    • Fulgte selskaber
    • Team
Pressemeddelelse

Press release - Brødrene A & O Johansen A/S expands its business in Norway through the acquisition of the online store VVSKup.no

18.06.2024, 16.00
Brødrene A&O Johansen

Albertslund, June 18th, 2024

Brødrene A & O Johansen A/S expands its business in Norway through the acquisition of the online store VVSKupp.no.

Brødrene A & O Johansen A/S has acquired 100 percent of Designkupp AS, which operates VVSKupp.no, the leading online store for bathroom products, as of July 1st 2024.

In 2023, total revenue of VVSKupp.no amounted to approximately NOK 125 million (DKK 82 million) with an EBITDA margin of more than 3%.

The acquisition price amounts to NOK 70 million (DKK 45 million) on a cash and debt free basis.

With the acquisition AO gains a leading position in the Norwegian online market for bathroom and home improvement products. VVSKupp.no offers a product range of more than 70,000 items and will bring local competencies to AO’s existing webshops BilligVVS.no and Lampeguru.no. VVSKupp.no operates out of a site in Grålum, a town to the south of Oslo.

CEO Niels A. Johansen says:
“The acquisition of VVSKupp.no triples AO’s business in Norway bringing scale to AO. Combining AO´s digital expertise with the competent local leadership from VVSKupp.no, we look forward to further developing VVSKupp.no as well as AO’s existing webshops. We are happy to welcome VVSKupp.no and the Norwegian team to AO.”

Kind regards

BRØDRENE A & O JOHANSEN A/S

Niels A. Johansen
CEO

        

Attachment

  • Press release2

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Tag kontakt
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • Om os
  • Our team
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Servicevilkår
  • Privatlivspolitik
  • Disclaimer
Inderes’ ansvarsfraskrivelse kan findes her. Detaljeret information om hver aktie, der aktivt overvåges af Inderes og HC Andersen Capital, er tilgængelig på de virksomhedsspecifikke sider på Inderes' hjemmeside. © Inderes Oyj. All rights reserved.

  • Latest
  • Markeder
    • Aktieoversigt
    • Finanskalender
    • Dividends Calendar
    • Research
    • Artikler
  • InderesTV
  • Forum
  • Om os
    • Fulgte selskaber
    • Team

Privatlivspræferencer

Inderes bruger cookies for at give en bedre brugeroplevelse og en personlig service. Ved at give samtykke til brugen af cookies kan vi udvikle en endnu bedre service og vil kunne levere indhold, der er interessant for dig.