FISK IDAG acquired by JOHAN I HALLEN & BERGFALK
Context
Johan i Hallen & Bergfalk (JHB) is a Nordic fresh protein distribution and processing platform serving the HoReCa sector, further strengthening its Food Service Distribution (FSD) capabilities through the acquisition of Fisk Idag, a Gothenburg-based seafood specialist. Since its integration into METRO AG in May 2023, JHB has operated as a regional consolidation infrastructure across Sweden and Finland, combining specialised distribution, integrated processing capabilities and a logistics footprint covering key Nordic metropolitan areas. The acquisition of Fisk Idag reflects a targeted deepening of high-expertise categories, particularly fish and seafood, while reinforcing operational density in Western Sweden. The transaction enhances access to local fisheries sourcing networks, increases product assortment depth and adds incremental processing capacity within the group’s integrated value chain. Beyond geographic and category expansion, the deal supports a broader strategy of upgrading service levels to HoReCa customers through more specialised distribution solutions and improved proximity in key regional markets. It contributes to the development of a fully integrated Northern European foodservice platform, designed to address market fragmentation through a combination of local expertise, industrial integration and scale efficiencies.
FISK IDAG, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.4x).
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Target
Fisk Idag i Göteborg AB is a Swedish seafood and fish distribution company focused on supplying fresh fish and shellfish to the HoReCa sector and professional food retail. Founded in 1992 in Gothenburg, the company has developed into a recognised regional player within the Nordic fresh seafood supply chain. The company operates from the Gothenburg fish harbour area (Fiskhamnen) as well as production facilities in Öckerö, combining wholesale distribution with processing and value-added preparation of seafood products. Fisk Idag serves several hundred professional customers across Sweden, including restaurants, hotels and foodservice operators, with strong capabilities in sourcing and handling fresh fish and shellfish from local fisheries.
Ent. Value
SEK 250–500M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (SEK)
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Other operations with JOHAN I HALLEN & BERGFALK
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2023 | METRO | JOHAN I HALLEN & BERGFALK | SWEDEN | B2B Specialized Distribution |
REFERENCES
Revenue range: SEK 250–500M
EBITDA range: SEK 0–5M
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: fisk idag
Acquirer: johan i hallen & bergfalk