Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Danish Agro completes acquisition of Kesko Spin-offs
August 10, 2018

Danish Agro has completed a deal with the Finnish company Kesko regarding the acquisition of the remaining 55% of the shareholding in its three Baltic machinery companies. At the same time, Danish Agro will take over Keskos Finnish machinery activities. The three Baltic companies have around 260 people employed where the total turnover in 2017 was EUR 134m with an operating profit of EUR 4.8m. The turnover of the acquired Finnish activities is about EUR 30m per year with approx. 40 employees.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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