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New Deal


Announced

Kesko to acquire Heinon Tukku from Tukkuheino.

Synopsis

Kesko, a Finnish retailing conglomerate, agreed to acquire Heinon Tukku, a Finnish food retailer and wholesaler, from Tukkuheino and private individuals. Heinon Tukku will complement Kespro’s current service offering and network especially in the greater Helsinki region, also enabling significant synergies. Financial terms were not disclosed. ”Heinon Tukku is in good shape and has a good reputation. We considered it important that ownership of the company would remain in Finland, and we trust that Kesko will be a good owner for Heinon Tukku. Kespro’s responsible and customer-oriented way of working made the decision easier for us,” Petri Heino, Tukkuheino Managing Director.

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