Kesko to sell its Baltic machinery trade subsidiaries’ shares and Konekesko Finland’s agricultural machinery trade operations to Danish Agro Group
Danish Agro Group has used its call options announced in February 2017 to buy the remaining shares in Konekesko Ltd’s Baltic subsidiaries and its agricultural machinery trade operations in Finland. As a result, Danish Agro Group becomes the full owner of Konekesko Baltic companies and Konekesko’s agricultural machinery operations in Finland. In February 2017 Konekesko Ltd sold 45% of its Baltic subsidiaries' shares to Danish Agro a.m.b.a.'s Group company DAVA Agravis Machinery Holding A/S. In the same context, an agreement was made on options to expand DAVA Agravis' ownership to include