Logent AB acquired Logistikas OY from KH Group Oyj (HLSE:KHG) for €23.5 million on June 30, 2023.The debt-free purchase price of the share transaction is EUR 23.5 million and the total purchase price paid to the sellers for the shares and other equity items is approximately €18.5 million. In 2022, Logistikas’ net sales amounted to €31.8 million and EBITDA to €2.4 million. The acquisition is not subject to any conditions and the closing takes effect immediately.

Logent AB completed the acquisition of Logistikas OY from KH Group Oyj (HLSE:KHG) on June 30, 2023.