EQT II bought the listed company Dahl International AB, a wholesaler of heating, sanitation, sewer and pipe products, in 1999 through a public to private transaction.
During EQT's ownership, Dahl had an exceptional development with improved profitability, strong cash flow generation and increased market positions in all relevant markets.
EQT II sold Dahl International AB in 2004.
Key events during EQT's ownership
- Significant improvements in profitability in Sweden and Finland
- IT systems and improved central warehouse reduced working capital and improved margins
- Profit growth from SEK 346m to SEK 733m