Väggmaterial i Sverige AB has been sold to Volati

Stockholm and Gothenburg – CFI Sweden is pleased to announce that they acted as financial advisor and project manager when Volati acquired Väggmaterial i Sverige AB.

Väggmaterial i Sverige AB is an established supplier to the Swedish paint retail sector. The company develops and markets a wide range of innovative products including corner protection, putty and glass-fiber fabric. Väggmaterial has enjoyed a stable growth rate with improved profitability and is one of the few companies that has been named Super Company by Veckans Affärer for four consecutive years.

Volati is a Swedish industrial group, formed in 2003, organized in four business areas: Trading, Consumer, Akademibokhandeln and Industry. Volati acquires companies with proven business models, leading market positions and strong cash flows. Volati has operations in 16 countries, over 2,000 employees and annual sales of approximately SEK 7 billion.

The transaction closed on 2. October 2019.