# A-K Maskiner acquires 50.1% stake in Westreng maskinforretning

A-K Maskiner has acquired a 50.1% stake in Westreng maskinforretning, with an intention to become sole owner within five years. The new entity, A-K Westreng maskin, will have three locations in Østfold and southeast Akershus, Norway, and is expected to generate approximately NOK 125 million in revenue.

- Type: Acquisition
- Announced: 2019-02-01
- Where: Bjørkelangen and Rakkestad, Norway, Norway
- Status: announced
- Products: agricultural machinery, grain dryers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [A-K Maskiner](https://endata.com/companies/37055.md) (acquirer)
- [Westreng maskinforretning](https://endata.com/companies/37056.md) (target)

## Sources

- [gardsdrift.no](https://www.gardsdrift.no/forhandler-westereng-a-k-maskiner/a-k-og-westreng-blir-ett/192041), 2019-02-01: "A-K Maskiner har kjøpt 50,1 prosent av Westreng maskinforretning for å øke satsningen i Østfold og sørøst i Akershus."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
