The Chervon Group, who own the EGO brand of cordless machinery, have announced that they have acquired the former Flex Scandinavia AB from the Ahlsell Group with effect from June 1, 2024.
With this acquisition, Chervon say they expand their presence primarily in the Swedish and Scandinavian markets, strengthening its position as a supplier in the power tool and outdoor power equipment industry.
In an official statement the company said, "By integrating Flex Scandinavia AB into the Chervon Group's global network for the Flex and EGO brands, the company will be able to extend its reach, improve the efficiency of its supply chain and bring new products to market even faster."
The statement continued, "The acquisition of Flex Scandinavia AB is in line with both brands' commitment to maintaining the highest quality standards and continuously improving customer experience. Professionals can look forward to a growing selection of high-quality power tools and cordless garden equipment tailored to their needs. An in-house repair workshop and a large warehouse with its own repair service also increase service and product availability."