Sale of Veho Eesti AS to Bassadone Automotive Group

Veho Oy Ab

Posted on

9 Jan

2020

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Fast facts

Status:

Pending

Cross-border:

Yes

Deal value:

Not disclosed

Dittmar & Indrenius > References > Sale of Veho Eesti AS to Bassadone Automotive Group

We advise Veho Oy Ab on its sale of Veho Eesti AS to Bassadone Automotive Group. Veho Eesti AS acts as the importer of Citroën in the Baltics and as a retailer of Honda in Estonia.

Veho, founded in 1939, is a leading Finnish car import and retail company with operations in Finland, Sweden and Baltics. Veho’s operations comprise versatile transportation services and solutions from passenger cars to heavy-duty vehicles. In 2018, Veho’s turnover was approximately EUR 1.2 billion.

Completion of the transaction is subject to customary closing conditions.

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