Grocery Stores Industry | Consumer Defensive Sector | Mr. Jorma Rauhala M.Sc. (Econ.) CEO | XFRA Exchange | - ISIN |
FI Country | 17,702 Employees | - Last Dividend | - Last Split | - IPO Date |
Kesko Oyj is a diversified retail chain operator with a significant footprint across the Nordic and Baltic regions, including Finland, Sweden, Norway, Estonia, Latvia, Lithuania, and Poland. The company engages in various sectors through its Grocery Trade, Building and Technical Trade, and Car Trade divisions. Founded in 1940 and headquartered in Helsinki, Finland, Kesko has built a reputation for its extensive array of products and services, catering to both the B2B and retail markets. Each division of Kesko Oyj is tailored to meet the specific needs of its diverse customer base, offering everything from groceries to home improvement products, and from automotive vehicles to electrical services.
This segment encompasses both wholesale and B2B trade in groceries, coupled with the retail of home and specialty goods under the K-retailer brand. Kesko operates various store retail chains, including K-Citymarket, K-Supermarket, K-Market, and Neste K grocery brands, providing a wide range of food and consumer goods tailored to meet the needs of differing customer demographics.
Operating in both the wholesale and retail sectors, this division focuses on the trade of building and home improvement products, HEPAC (heating, electricity, plumbing, air conditioning), and electrical products and services. It also covers the trade in leisure goods. Major brands within this segment include K-Rauta, K-Bygg, Byggmakker, and Onninen, catering to professionals, DIY enthusiasts, and general consumers seeking quality and reliability in building supplies and technical services.
This division specializes in the import, marketing, and retail of several prestigious automotive brands, such as Volkswagen, Audi, SEAT, CUPRA, Bentley, and Porsche passenger cars, in addition to Volkswagen commercial vehicles. Kesko’s car trade segment extends beyond sales to include the purchase of used cars, a leasing business for both private and corporate customers, and a suite of services including repair, maintenance, and the sale of spare parts and accessories. Furthermore, it supports the shift towards electric mobility with the K-Lataus network, offering charging solutions for electric vehicles.