Sisu Partners advised Kesko in the acquisition of Onninen

Kesko Corporation has made an agreement to acquire Onninen Oy’s whole share capital from Onvest Oy. The pro forma net sales of the business to be acquired were €1,438 million and the EBITDA was €39 million for the period from October 2014 until the end of September 2015. The transaction price of the debt-free acquisition, structured as a share purchase, is €369 million. Onninen’s steel business and Russian subsidiary are not included in the acquisition.

Read more at the Kesko home page.