- CEO
- Jorma Rauhala
- Full Time Employees
- 18,135
- Sector
- Consumer Defensive
- Industry
- Grocery Stores
- Address
- Työpajankatu 12 Helsinki Finland 00580
- IPO Date
- Jan 8, 2021
- Business
- Kesko Oyj engages in chain operations across grocery trade, building and technical trade, and car trade segments, providing trading sector services in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Poland, and Denmark. The company, founded in 1940 by the merger of four Finnish regional wholesaling companies and headquartered in Helsinki, Finland, operates through retailer entrepreneurs and partners, managing approximately 1,800 stores as part of the K Group, Finland's largest trading sector operator. Its grocery trade division encompasses wholesale and B2B groceries, foodservice via Kespro, and retail chains including K-Citymarket hypermarkets, K-Supermarket, K-Market, K-Pyoka, and K-Extra, alongside home and specialty goods such as Pirkka brand products; building and technical trade offers hardware, building supplies, home improvement, interior decoration, furniture, animal feeds, chemicals, machinery, and electrical wholesaling through chains like K-Rauta, Rautia, K-Maatalous, Byggmakker, Rautakesko, Senukai, OMA, and Onninen; car trade imports and retails new and used Volkswagen, Audi, SEAT, CUPRA, Bentley, Porsche passenger cars and Volkswagen commercial vehicles, leasing services, repair, maintenance, spare parts, accessories, electric vehicle charging under K-Lataus, and sports trade via Intersport and Budget Sport.
In recent developments, Kesko completed acquisitions of three Danish builders' merchants—Roslev Trælasthandel in January 2025, CF Petersen & Søn in April 2025, and Tømmergaarden A/S in May 2025—doubling the size of its Danish subsidiary Davidsen and expanding nationwide coverage in building materials, with a combined enterprise value of approximately EUR 222 million. The company announced plans for three new K-Citymarket hypermarkets in the Greater Helsinki area, including one in Redi shopping center by 2028, supported by annual investments of EUR 200-250 million in grocery store networks through 2025-2026, alongside completion of the Onnela Logistics Centre and K-Auto shared logistics facility in Hyvinkää for enhanced efficiency. Additionally, Kesko entered a multi-year strategic partnership with Tata Consultancy Services in December 2025 to drive AI-powered retail transformation, operational efficiency, and digital service development across its segments, while pursuing further growth acquisitions, particularly in Sweden's technical trade.