Consolidation in the Scandinavian DIY/building materials distribution sector continues

Deal Flash

Oaklins’ team in Norway has advised Byggmakker Handel AS, Kesko’s Norwegian building and home improvement chain, on the acquisition of its two largest retailers: Skattum Handel AS and Gipling AS.

As a key step in its growth strategy, Kesko’s building and technical trade division in Norway has significantly strengthened its position through these strategically important acquisitions.

Read more about the transaction, market trends, deal drivers and M&A valuation aspects. 

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