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New Deal


Announced

Kesko to acquire Elektroskandia Norge from Rexel Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

e-commerce

E-commerce

Norway

Friendly

Domestic

Majority

electrical e-commerce

Single Bidder

Private

Pending

Synopsis

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Kesko, a trading company, agreed to acquire Elektroskandia Norge, an electronics e-commerce company, from Rexel Group, a professional multichannel distribution channel electrical products and services. Financial terms were not disclosed. "The acquisition of Elektroskandia Norge is an excellent fit for Onninen’s operations in Norway and further accelerates Onninen’s role in advancing the green transition. Furthermore, the acquisition offers us significant synergy potential. We continue executing our growth strategy in building and technical trade, and seek growth both organically and through acquisitions in Northern Europe,” Jorma Rauhala, Kesko President and Deputy CEO.

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