Brødrene A. & O. Johansen Completes Acquisition of Elektroimportøren

Key Facts

In a move reflecting continued expansion within the Nordic technical supply sector, Brødrene A. and O. Johansen A/S has announced the completion of its recommended voluntary cash offer for all shares of Elektroimportøren AS. This finalization follows a process initiated in July 2026, with all conditions set out in the initial July 3 announcement now fulfilled, clearing the way for operational integration.

The offeror has secured approximately 92.6% of the issued share capital and voting rights in Elektroimportøren, surpassing the critical 90% threshold. Consequently, the company intends to proceed with a compulsory acquisition of the remaining shares at a price of NOK 22 per share, in accordance with the Norwegian Private Limited Liability Companies Act.

From a broader economic perspective, recent data from August 20, 2026, showed interest rates in neighboring Sweden holding steady at 1.75%, while investors remain attentive to any future catalysts that could influence financing costs across Nordic markets.