Lantmännen picks up agricultural store chain for €38.5M
April 12, 2017
Wholesale | Vantaa, Finland | Corporate Acquisition
Swedish agricultural cooperative Lantmännen has acquired Kesko’s (HEL: KESBV) K-maatalous business for €38.5 million. K-maatalous, which sells seeds, animal feeds and fertilisers, had retail sales of €424 million in 2016 across 78 stores. Kesko will record a €13 million profit on the sale.