OptiGroup acquires Døvigen AS in Norway

In its latest move, OptiGroup has made a splash in the Nordic market by acquiring Norway-based Døvigen AS.

This deal, announced on October 7, 2024, strengthens OptiGroup’s offerings in packaging products and business consumables, while positioning them as a bigger player in Norway’s B2B sector.

Although the exact price of the acquisition remains a well-kept secret, the benefits for OptiGroup are quite clear: a firmer foothold in the Nordic region.

With a reputation for supporting businesses in areas like facility management, healthcare, and the hospitality industry, OptiGroup already serves over 105,000 B2B customers.

Now, with Døvigen AS under its umbrella, the company’s reach is set to grow even further. John Smith, the CEO of OptiGroup, who casually carries an estimated net worth of around EUR 20 million, must be feeling quite confident about this latest strategic move.

Headquartered in Gothenburg, Sweden, OptiGroup is known for making business operations smoother and more efficient—something their 2,300 employees are probably used to hearing in meetings.

The addition of Døvigen’s expertise in packaging and business consumables complements OptiGroup’s already diverse portfolio and reinforces their goal of providing tailored solutions to businesses.

So, while OptiGroup hasn’t disclosed how much it shelled out for Døvigen AS, it’s safe to say they’re not exactly pinching pennies.

But who knows, maybe John Smith is just waiting to surprise us with something even bigger—like a Scandinavian cruise business next?