Kesko Corporation to sell Indoor Group to Sievi Capital Oyj for €67 million

Helsinki, 2017-Jun-23 — /EPR Retail News/ — Kesko Corporation has signed an agreement to sell Indoor Group, which is responsible for the Asko and Sotka furniture trade chains, to a company owned by Sievi Capital Oyj, three franchising entrepreneurs from the Sotka chain and Etera Mutual Pension Insurance Company. The debt free price of the […]

Kesko Corporation sold its K-maatalous business to Swedish Lantmännen

Helsinki, 2017-Jun-02 — /EPR Retail News/ — Kesko Corporation has sold its K-maatalous business to Swedish Lantmännen ek för. The debt free price of the sale, structured as a share transaction, was €38.5 million. Kesko’s strategic objective is to achieve growth in the Finnish grocery trade, the building and technical trade and the car trade. In […]