Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Nokas acquiries AVARN Holding
June 28, 2018

Security Company, Nokas confirms, that they acquire Avarn Holding from Sector Alarm. Avarn operates in Sweden and Finland. Nokas has been working for years with consolidating the Nordic market. Until now, the company has acquired 77 companies. The companies in AVARN Holding have a total turnover of about NOK 2.9bn. Nokas acquires Avarn for 49.55% of its shares and their small alarm system unit. Nokas is valued at an EV of approx. NOK 2.4bn. The deal is one of the largest within the Nordic security sector.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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