AF Gruppen — Capital/Financing Update 2025

May 27, 2025

Building distribution centre in Hallsberg

Building distribution centre in Hallsberg

HMB Construction, a part of AF Gruppen Sweden, has signed an agreement with Förvaltningsbolaget Nordhall Handelsbolag for a major expansion of Ahlsell’s distribution centre in Hallsberg, where Ahlsell Sverige AB is the tenant. The contract value amounts to approximately SEK 560 million excluding VAT.

The project will be carried out as a collaborative contract, with HMB Construction responsible for the construction. The expansion includes an increase in warehouse capacity of around 37,000 square meters, including three floors of picking mezzanines, a new standalone restaurant with a rooftop terrace of approximately 1,700 square meters, and the refurbishment of office spaces and locker rooms covering approximately 3,300 square meters. The project also involves adaptations to the existing pipe hall and modernization of the area's entry and exit points.

"We are proud to contribute to Ahlsell's continued growth in Hallsberg and look forward to close collaboration with Förvaltningsbolaget Nordhall Handelsbolag and Ahlsell Sverige," says Bård Frydenlund, EVP Sweden at AF Gruppen.

Construction is set to begin in June 2025, with completion expected by March 2027.

For further information:

Bård Frydenlund, EVP Sweden at AF Gruppen, tel. +47 918 68 621

Per Wiker, Managing Director of HMB Construction, tel. +46 18-17 25 71