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Kesko Corporation subsidiary sells animal husbandry business operations.

NORDIC BUSINESS REPORT-6 July 2007-Kesko Corporation subsidiary sells animal husbandry business operations(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish trading house Kesko Corporation said on Friday (6 July) that its subsidiary Kesko Agro Ltd has signed an agreement with the Finnish company Mestarifarmi Oy concerning animal husbandry machinery and production building business operations.

Under the agreement, Kesko Agro Ltd sells these business operations, maintenance and spare parts operations included, to Mestarifarmi Oy.

Kesko said that the parties will intensify their cooperation and improve customer service relating to building project implementation.

Kesko Agro Ltd will focus on purchasing agricultural accessories for the K-maatalous chain, which will continue to sell the transferring product representations while increasing the product offer of different concrete elements.

The value of the deal was not disclosed.

Mestarifarmi Oy is a sales company specialising in animal husbandry production buildings. It is a subsidiary of Betonimestarit Oy and part of the Betonimestarit group.

Kesko, headquartered in Helsinki, Finland, provides retail and wholesale trading services in the Baltic Sea area. Kesko operates in Finland, Sweden, Norway, the Baltic countries and Russia. The company has about 2,200 stores engaged in chain operations in seven countries. Kesko is listed on the Nordic Exchange in Helsinki.

One British pound (GBP) is worth approximately 1.48 euros (EUR).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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Publication:Nordic Business Report
Article Type:Brief article
Date:Jul 6, 2007
Words:230
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