“Kesko should buy Byggmax”

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Byggmax is designated by banks and brokers as the next takeover candidate.
They predict that the business transactions continues and SEB is now pointing out DIY chain Byggmax as a potential takeover candidate.
According to SEB, Finnish Kesko would be one of the best buyers.
“Byggmax has an interesting concept and we think that several international building materials dealers should be interested, including Kesko. K-Rauta in Sweden is not going so well,” says equity strategist Esbjörn Lundevall at SEB according to Dagens Industri.
Another identified company is the network video company Axis that has many customers in the retail sector.