With revenues of about NOK 350 million, Igland Garasjen is the largest supplier of prefabricated garages in Norway. Since its inception in 1963, Igland Garasjen has delivered over 100,000 garages to private customers. Main categories of garages are villa garages and line garages. Most of the garages are delivered fully assembled to the customers.

Optimera is a leading player in Norway within sale and distribution of building materials with 200 outlets, 2,000 employees and over NOK 12 billion in revenues. Optimera is a part of Dahl Optimera Norway, which is owned by the international building materials group Saint-Gobain.

Igland Garasjen complements Optimera’s existing garage concept, and the acquisition will create mutual opportunities for the two companies.

Alpha Corporate Finance has acted as exclusive financial advisor to the shareholders of Igland Industrier AS in the transaction.

The transaction has been structured as a sale of 100% of the shares in Igland Industrier AS.