News

30 news and releases

September 2023

Kesko’s sales in August

Kesko Group’s sales in August 2023 totalled €1,079.2 million, representing an increase of 1.6%.

Investor, Media

14.09.2023 08:00

Kesko to build its fifth K-Citymarket hypermarket store in Finland’s fourth biggest city Vantaa

Kesko and the building company SSA Rakennus Oy are set to build a new K-Citymarket hypermarket store in Kivistö, Vantaa. This will be Kesko’s fifth hypermarket in Vantaa, which is the fourth biggest city in Finland and part of the Helsinki metropolitan area. The premises will host the K-Citymarket and some 20 other commercial facilities, as well as integrated housing built by SSA Rakennus.

Customer, Investor, Media

12.09.2023 11:36

August 2023

Kesko Sweden to concentrate its building and home improvement trade operations under the K-Bygg chain

Kesko will concentrate its building and home improvement trade operations in Sweden under the K-Bygg chain, and will increasingly focus on serving building professionals alongside consumers. The K-Rauta stores in Sweden will either be converted into K-Bygg stores or closed. Kesko’s building and home improvement trade operations in Sweden will be concentrated under one brand by the end of 2024.

Investor, Media

29.08.2023 12:30

Kesko acquires the Danish builders’ merchant Davidsen and enters Denmark

Kesko has agreed to acquire Davidsen Koncernen A/S, one of the largest builders’ merchants in Denmark. The acquisition marks Kesko’s first step into the Danish market and gives it a solid foothold in the local building materials market. It also further advances Kesko’s objective of strengthening its market position in Northern Europe. The Davidsen family will remain as a 10% minority shareholder in the company.

Investor, Media

23.08.2023 09:00