Kesko acquires Kunglvs Trvaruaktiebolag, a company that serves professional builders in Sweden
Kesko acquires Kungälvs Trävaruaktiebolag and thereby strengthens its position in the Swedish construction and home furnishing market.
Kungälvs Trävaruaktiebolag’s turnover in 2020 amounted to approximately EUR 32.6 million. The company has four stores in
Kesko continues to implement its growth strategy in
“We continue to implement our growth strategy in the construction and technology trade division and seek growth both organically and through acquisitions in
Completion of the acquisition is subject to the approval of the local competition authorities and the fulfillment of other conditions for the transaction. The transaction is expected to be completed during the first quarter of 2022. The parties will not disclose the transaction price.
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