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.
Tokmanni acquires Ale-Makasiini’s operations
October 31, 2018

Tokmanni has acquired the operations of Ale-Makasiini Matti Riikonen Oy. The acquisition comprises all of Ale-Makasiini’s nine retail stores, which generated net sales of EUR 19.7m and EBIT of EUR 1m in 2017. After the acquisition, Tokmanni will have 186 stores across Finland and their target is 200 discount retail stores. The deal value is undisclosed.

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