Category: credentials

Adelec Industries Ltd Oy owned about 34,6 % of Genelec shares and in the transaction Genelec redeemed its own shares.

On 3 November 2015, Kesko has agreed to centralise the Baltic operations in its Lithuania-based subsidiary, UAB Senuku Prekybos centras (Senukai). The plan is to implement the integration in such a way that Kesko will sell the shares in its wholly owned companies responsible for the operations of K-rauta stores in Estonia and Latvia to Senukai.

Read more at the Kesko home page.

Hammas-Pulssi is one of the largest Finnish private dental care centers, and has over 30 years of experience in providing private dental services. Hammas-Pulssi employs 24 dental doctors, four experienced anesthesiologists taking part in all operations requiring anesthesia, as well as 14 dental hygienists. The company premises contain 22 operating rooms and a high quality surgical operating theatre for demanding special dental operations.  Hammas-Pulssi has also cooperated with the City of Turku and neighbouring municipalities in service procurement over serveral years.

Read more at the Terveystalo home page.

The divestment will improve Kesko’s profitability and will make Kesko a more focused company. As a result of the transaction, Kesko has also updated its future outlook. The share price of Kesko increased markedly after the transaction was announced.

The transaction includes all assets and liabilities in Anttila Oy. Anttila operates 23 Anttila department stores, eight Kodin1 department stores, the online stores NetAnttila.com and Kodin1.com in Finland, subsidiaries in Estonia and Latvia, as well as the company’s central functions in Finland. Anttila Oy’s approximately 1,500 employees will continue in the employment of the company.

Read more at the Kesko home page.

Once formed, Cinia One will be made up of around 200 people, experts who specialize in industrial internet, intelligent transport systems, product development and quality assurance services and processes, communications, and security management services.

Read more at the Cinia home page.