Kesko to acquire Kungälvs Trävaruaktiebolag, a company serving professional builders in Sweden
Kesko will acquire Kungälvs Trävaruaktiebolag, thus strengthening its position in the Swedish building and home improvement trade market in the Gothenburg area.Kungälvs Trävaruaktiebolag's net sales in 2020 totalled approximately €32.6 million. The company has four stores in the Gothenburg area, and it employs some 80 people who specialise in serving B2B customers. Kesko continues the implementation of its growth strategy in Northern Europe, where it is the leading operator in building and technical trade. In Sweden, Kesko operates the building and home improvement trade chains K-Rauta