Kesko to acquire Elektroskandia Norge from Rexel Group.

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.