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.

According to analyst data, 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.

Based on authoritative data, current market prices for the involved instruments are unavailable as of August 26, 2026. 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.