Kesko to acquire Kungalvs Travaruaktiebolag.

Kesko, a retailing conglomerate, agreed to acquire Kungalvs Travaruaktiebolag, a building and construction materials provider. Financial terms are not disclosed. "We continue the execution of our growth strategy in the building and technical trade division and seek growth both organically and through acquisitions in Northern Europe. We see good further growth potential in the Swedish market,” Jorma Rauhala, Kesko President.