Matvareexpressen AS
OOSL:MVE262.00
NOK
-8.00
(-2.96%)
Matvareexpressen AS
OSL:MVE
(Euronext Oslo)
Recent
price
262.00
P/E
ratio
69.88
div
yld
- -
ROIC.AI
Capital Structure
NOK
•
in mil. unless spec.Working Capital
NOK
•
in mil. unless spec.Growth Rates
NOK
•
in mil. unless spec.Quarterly Revenue
NOK
•
in mil. unless spec.Quarterly Earnings Per Share
NOK
•
in mil. unless spec.Quarterly Dividends Per Share
NOK
•
in mil. unless spec.- Similar Companies
- Business
- Matvareexpressen AS operates as a specialized business-to-business (B2B) online grocery distributor and logistics provider in Norway. The company offers a comprehensive portfolio of food, beverage, and commercial kitchen supplies, including fresh produce, such as whole and fresh-cut fruits, salads, and prepared vegetables; fresh bakery products, whole-grain breads, and specialty allergy-friendly bakery items; dairy products, cheeses, and butter; fresh, chilled, and frozen meats, poultry, and seafood; ambient groceries, pantry staples, dry ingredients, and canned goods; pre-cooked meals, traditional soups, and stews; beverages, coffee, and tea; specialized institutional food selections, including Halal-certified goods and large-format food service packaging; proprietary private-label items under the Spis Meg brand, developed in collaboration with domestic food producers; and non-food kitchen supplies, sanitation items, and disposable paper goods. In addition to grocery wholesale, the company provides end-to-end institutional supply chain solutions, consisting of an e-commerce ordering platform; recurring procurement and automated replenishment tools; temperature-controlled warehousing and refrigerated transport; and customized direct-to-kitchen last-mile delivery services. Matvareexpressen primarily serves professional clients in both the public and private sectors, including kindergartens, schools, eldercare facilities, corporate canteens, municipal institutions, and hospitality establishments. The company operates a network of regional distribution facilities across key urban markets in Norway, including Haugesund, Stavanger, Bergen, Kristiansand, Sandefjord, and Oslo. In major corporate developments, Matvareexpressen was acquired by retail cooperative Coop Norge SA through a voluntary cash offer valuing the business at approximately NOK 325 million, resulting in the subsequent delisting of the company's shares from the Euronext Growth Oslo exchange (formerly ticker: MVE) to operate as a strategic B2B subsidiary within Coop Norge. The company has also expanded its geographic footprint and institutional customer base by securing major public procurement tenders with Norwegian municipalities, including Drammen and Arendal, while continuing to expand its fresh-cut produce and private-label food product lines. Matvareexpressen AS was founded in 2007 and is headquartered in Haugesund, Norway.