Extract from our Nordic M&A Newsletter

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Kesko to acquire selected car businesses from Laakkonen
April 26, 2019

Kesko Group company K Caara Oy has agreed to acquire the Volkswagen, Audi and SEAT businesses of Laakkonen Group. The combined pro forma net sales of the businesses to be acquired totaled some EUR 259m with EBIT of EUR 5.4m in 2018. The 470 FTEs of the businesses to be acquired will transfer to Kesko.

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