Solar is increasingly entering the sanitary business
Solar from Denmark takes over the majority of the Swedish Onninen branches from the Finnish parent company Kesko.
One talks about the business unit heating and air conditioning and 12 branches, but that is almost the entire distribution network in Sweden. The turnover of the acquired branches amounts to DKK 400 m (EUR 53 m).
The transaction is expected to be completed by the end of the second quarter of 2019 at the latest.