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 ?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. Ernst & Young LLP acted as Sell-Side financial advisor and Due Diligence Provider to KH Group Oyj (HLSE:KHG).

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