Tokmanni acquires two Finnish footwear store chains – One of the aims is to increase market share in the apparel product category
Tokmanni Press release 10 February 2023 at 8:15 a.m.
Tokmanni has concluded an agreement on acquiring the entire share capital of the Finnish footwear store chains Click Shoes Oy and Shoe House Oy. The two companies have a total of 29 stores across Finland and an online store at www.clickshoes.fi. The combined revenue of Click Shoes and Shoe House totalled nearly ten million euros in the financial year that ended in December 2021. Ownership of the companies will be transferred to Tokmanni on 1 March 2023. The transaction price will not be disclosed.
Click Shoes Oy was