Kesko strengthens its position in Norway – acquires building and home improvement trade operator Carlsen Fritzøe Handel
Kesko Corporation's subsidiary Byggmakker Handel AS has agreed to acquire Carlsen Fritzøe Handel AS, a Norwegian operator in the building and home improvement trade with net sales of approximately €201 million in 2019. The acquisition strengthens Kesko’s position in one of the most attractive geographic areas in Norway, the Oslo fjord region, where the Carlsen Fritzøe Handel network of 25 stores highly complements the Byggmakker store network. This transaction is the fourth Kesko has made in line with its growth strategy in Norway in two years to accelerate its growth and strengthen its