News | Withdrawal

Back

Kesko wants to sell its Russian stores to Leroy Merlin

Kesko runs 14 K-rauta stores in Russia.

Kesko runs 14 K-rauta stores in Russia.

The Finnish Kesko group wants to relinquish its DIY store activities in Russia and is negotiating with the French chain Leroy Merlin on a sale of its Russian stores. According to an ad hoc announcement by Kesko, negotiations are underway but their outcome is still pending. If no agreement is reached, Kesko will continue its DIY store activities in Russia as before. Leroy Merlin is market leader in Russia with currently 75 locations. Kesko has 14 K-rauta stores in the country.

|14 February 2018


More about the company
SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Total number of DIY stores in Italy increases by eleven

The number of DIY stores in Italy increased in the first six months of year to 768. Following 24 new openings and 13 closures, this adds eleven View news...

Timber prices and punitive tariffs dampen Home Depot expectations

The fall in the price of timber and the announcement of further punitive tariffs have caused Home Depot to downplay its sales expectations. Instead View news...

Exhibitors from 17 countries at Expo F and Inter Lumi

The dual trade show Expo F (hardware) and Inter Lumi (lighting) in Panama attracted 127 companies from 17 countries in Asia, Europe and North and View news...

Obi’s net sales increase by 5.5 per cent

The German market leader Obi increased its net sales in the last financial year by 5.5 per cent to EUR 6.4424 bn. Sales in Germany amounted to EUR View news...