Norsk

2020: Sale to Mestergruppen

Nordbohus is on the leading providers of residential housing in Norway and is organized with a chain office of 40 employees and 50 local offices (dealers or representatives). Nordbohus is among the largest commissioners of new housing units in Norway and has a strong brand and market position with nationwide presence. Due to the consolidation in the market, the owners of the company wanted to search for a strategic/financial partner with size, growth ambitions and resources to further develop the market position, organization and products/services. Impello has assisted Nordbohus with valuation, partner search, initial contact and negotiation with potential partners and project management of the entire transaction process. The process resulted in a 100% sale to Mestergruppen, which is Norway’s largest company within building trade, operation of housing brands for contractors and property development. Mestergruppen is owned by Ferd.

Nordbohus

Sector:
Building/property
Location:
HQ in Trondheim with a nationwide dealers
Employees:
40
Revenues 2019:
NOK 400 million (Group)

Customer statement

«Nordbohus chose Summer 2019 to initiate a partner search to ensure further development and growth. We hired Impello to assist in the process that resulted in a sale to Mestergruppen AS in January 2020. Impello has delivered services of high quality and professionalsm which contributed to an efficient and orderly process for all parties involved. This resulted a high level of confidence among all interested parties and decision makers in Nordbohus. We are highly satisfied with the process and the result. We are confident that we have found the right partner for future development of Nordbohus». -Birger Aspaas, CEO and Jan Henning Kleiv, chairman of the board Nordbohus AS
Photo: Nordbohus