Byggmakker Handel AS, a wholly owned subsidiary of Kesko Corporation, has acquired Carlsen Fritzøe Handel AS
The acquisition significantly strengthens Byggmakker’s market position. Byggmakker has ambitions to grow in the Norwegian market, and this is an important acquisition for the group.
Carlsen Fritzøe Handel had revenues of almost NOK 2.2 billion in 2019, with an operating profit of NOK 119 million.
Oaklins' team in Norway advised Byggmakker Handel AS in this transaction. It is the third acquisition where Oaklins Norway has advised Byggmakker Handel since 2018.