Posti fishing in Swedish waters
The Finnish Posti Group Corporation recently acquired the Swedish company Veddestagruppen, which is majority-owned by PEQ Invest and members of the company management. The Posti Group, which recently sold its Russian affiliates, is now expanding in Scandinavia, amongst others.
Veddestagruppen will be integrated with Posti Group’s Swedish subsidiary Aditro Logistics after the closing, which is expected in Q1/2022. The transaction price was not disclosed.
Founded in 1992, Veddestagruppen is a logistics company offering contract logistics, transportation, field services and staffing in the Stockholm region. In 2020, the company reported net sales of around SEK 187 million (EUR 18 million) and employed around 300 people.
Turkka Kuusisto, president and CEO of Posti Group: “Aditro Logistics plays an important role in achieving our strategic goals of growing through parcel business and logistics in Finland, Sweden and the Baltics." (sh)