Kesko continues the implementation of its growth strategy in Sweden by acquiring Bygg & Interiör stores for professional builders
The acquisition of Bygg & Interiör stores complements Kesko’s growing K-Bygg chain for professional builders in the Mälaren Valley region of Sweden.Kesko has today acquired the Swedish Bygg & Interiör building and home improvement trade companies from Katrineholm Fastighets AB. Kesko will obtain three stores that currently operate in Katrineholm, Flen and Vingåker under the Woody brand. The companies employ some 50 people and serve mainly B2B customers. The acquired operations recorded net sales of €13.9 million and an EBITDA of €0.9 million in the last financial year. The parties do not