Advium advises Kesko on the divestment of its subsidiary Kauko-Telko
28.02.2008
Kesko Corporation has sold its subsidiary Kauko-Telko Ltd. to the conglomerate company Aspo plc.
The enterprise value is about 76 million euros, based on Kauko-Telko’s year-end balance sheet.
Kauko-Telko engages in international technical trade. Kauko-Telko’s main customer groups
include the manufacturing industry and public and private utilities.
The transaction is expected to be completed during the second quarter of this year.
Advium advised Kesko on the divestment.
For further information: http://www.kesko.fi
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