Danish Agro Group assumes ownership of Konekesko’s Baltic subsidiaries
Konekesko Oy and the Danish Agro Group company DA Agravis Machinery Holding A/S have today completed the transaction concerning Konekesko’s remaining stake in its Baltic subsidiaries. The transaction was completed after Danish Agro in March 2020 met the conditions set by the European Commission, namely the approval for the divestment of its certain business operations in Estonia.Konekesko Oy and DA Agravis Machinery Holding A/S agreed in July 2018 that Konekesko was to sell its remaining stake in its Baltic subsidiaries to Danish Agro Group. The parties also agreed on the sale of Konekesko’