Kesko Acquires Nordic Wholesaler Dahl for €1.2 Billion

Kesko buys Nordic wholesaler Dahl in €1.2bn takeover

Finnish retail and wholesale group Kesko has agreed to acquire Dahl's operations in Sweden, Norway and Denmark from French building materials company Saint-Gobain for €1.2 billion, marking the largest acquisition in the company's history. The transaction will significantly expand Kesko's presence in the Nordic technical wholesale market and strengthen its position in heating, plumbing, infrastructure and building services products. Kesko said the acquisition includes Dahl's businesses in ...