(Adds detail, quote)
April 11 Finnish retailer Kesko said
on Tuesday it will sell its agricultural trade chain K-maatalous
to Sweden's Lantmannen EK for 38.5 million euros
* Kesko said it will record a profit of 13 million euros on
* K-maatalous reported sales of 334 million euros and
operating profit of 5.3 million euros in 2016.
* "In line with its strategy, Kesko will be an increasingly
focused company in the future and concentrate on the Finnish
grocery trade, the building and technical trade and the car
trade," Kesko's CEO Mikko Helander said in a statement.
* Kesko said the deal is expected to be completed no later
than the third quarter of 2017.
Source text for Eikon:
Further company coverage:
($1 = 0.9430 euros)
(Reporting by Tuomas Forsell and Gdynia Newsroom)