Ahlsell continues its push with another acquisition

The Nordic and Baltic trading group Ahlsell has reached an agreement to acquire Bacher Work Wear. This is the company's second acquisition in Denmark this year.

Another Danish company will soon be added to the Ahlsell group, which earlier this year purchased Sanistål. Ahlsell has reached an agreement to acquire Bacher Work Wear, which has 75 employees and a revenue of 178 million DKK – and has been outfitting the Danish business community since 1897. This is part of the Ahlsell group’s ambition to grow in Denmark and strengthen its market position in the distribution of technical products. The acquisition is subject to approval from the competition authorities.

A Tailored Match

At Ahlsell Denmark, CEO Claudio Christensen describes Bacher Work Wear as a “tailored strategic match.” The Ahlsell group aims to be a one-stop-shop for its customers in the Nordic and Baltic countries. With the purchase of Bacher Work Wear, Ahlsell Denmark takes a significant step towards offering one-stop shopping for workwear in the industry. With a range of more than 50,000 products from 150 brands, Bacher Work Wear is a leader in workwear, uniforms, and promotional clothing, explains Claudio Christensen, who adds:

”Bacher Work Wear complements Ahlsell Denmark’s product range and expertise, making us even more relevant in the industrial market. With the expanded assortment of workwear, there are both synergy advantages and cross-selling opportunities – and together we can provide our industrial customers with a strong total solution.”

Retaining Name and Director

Bacher Work Wear is headquartered in Amager and has a large logistics center in Odense. According to plan, the company will continue under its own name and organization, and Managing Director Peter Vallentin will remain in his position. He looks forward to the impending change of ownership:

"We have grown by 40% over the past two years, and with Ahlsell Denmark, we have acquired a long-term, ambitious owner who can help accelerate that development. There are also opportunities in Sweden and Norway, where the Ahlsell group is well-positioned in the workwear market. We look forward to opening a new chapter in our long history, where we can jointly create growth and strengthen our future value proposition for customers.”

Contact:

Communications Manager Line Møller Blankholm, tel. 25 29 27 46/e-mail lbl@Ahlsell.dk

Facts

About Ahlsell

Ahlsell is present where people live, work, and lead their lives. As a leading distributor in technical installation, we collaborate with our customers to drive development for those who manufacture, install, build, repair, and maintain. With a wide range of products and services, specialist knowledge, and world-class logistics, our job is to make our professional customers' daily lives easier.

With a revenue of approximately 50 billion SEK, nearly 8,000 employees, over 300 stores, and four central warehouses, we do everything to fulfill our customer promise: Ahlsell makes it easier to be a professional.

Before the acquisition of Bacher Work Wear, Ahlsell Denmark employs approximately 850 people across three business units:

Sanistål – part of Ahlsell: Supplier of a comprehensive service and product program for industry, construction, and other sectors, including plumbing, steel and metals, hardware and security, tools, technology, electricity, fasteners, chemistry, consumables, and personal protective equipment.

Ahlsell REF: Supplier of complete solutions for direct and indirect cooling and heat pumps for a range of industries.

VVS-Trading: Supplier of plumbing products, especially to hardware stores and other retailers.

www.ahlsell.com

About Bacher Work Wear

Bacher Work Wear has been selling workwear since 1897 and is today a leader in workwear, uniforms, and promotional clothing.

The company supplies more than 1,800 customers across all sectors and industries in both the public and private sectors.

Bacher Work Wear has a central warehouse and logistics center of 10,000 m2 in Odense, which also houses administration, storage, printing and embroidery departments, as well as showrooms. The company also has branches in Kastrup and Aarhus (opening December 2023) and a retail store and tailoring service in Copenhagen.