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.