Kesko to complete the acquisition of the Danish builders’ merchant CF Petersen & Søn before summer

Authorities in Denmark have approved Kesko’s acquisition of the Danish builders’ merchant CF Petersen & Søn A/S. The authority approval was not subject to any conditions. Kesko estimates that the acquisition will be completed on 30 April 2025. 

In August 2024, Kesko announced that it had agreed to acquire three builders’ merchants in Denmark: Roslev Trælasthandel A/S, Tømmergaarden A/S, and CF Petersen & Søn A/S.  

The acquisitions are part of the execution of Kesko’s growth strategy in Northern Europe. Once completed, the acquisitions will make Kesko’s subsidiary Davidsen a significant nationwide operator in the Danish builders’ merchant market. 

The first of the three acquisitions, Roslev Trælasthandel, was completed in January 2025.  

Kesko estimates that the last of the three acquisitions, Tømmergaarden, will be completed in the first half of 2025. 


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