EQ Varainhoito Facilitates Divestment of Mercada Stake by AMF
Deal News | Apr 02, 2025 | EQ Varainhoito Oy
Advium, a corporate finance advisor, guided AMF Tjänstepension AB in the sale of its 33.3% stake in Mercada Oy to Kesko, a leading Finnish retailer. Mercada Oy manages a portfolio of 35 properties in Finland, predominantly used as grocery stores leased to Kesko, and includes two significant shopping centers, Karisma and Veturi. The transaction signifies Kesko's continued expansion in the Finnish retail market by consolidating its hold over Mercada's assets.
Sectors
- Real Estate
- Retail
- Finance
Geography
- Finland – The properties owned by Mercada Oy are located across Finland, and the buyer, Kesko, is a major retailer in the Finnish market.
Industry
- Real Estate – Mercada Oy's portfolio consists of substantial property assets, making the real estate industry a core part of the transaction.
- Retail – Kesko, the buyer in this transaction, is a major player in the retail industry, particularly in the grocery sector.
- Finance – Advium's advisory role in the transaction highlights the involvement of financial services in mergers and acquisitions.
Financials
- 33.3% – The percentage of Mercada Oy's stake sold by AMF Tjänstepension AB.
- 290,000 sqm – Total lettable area of properties owned by Mercada Oy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EQ Varainhoito Oy | Private Equity Firm | Company | Involved in the real estate and investment industry, facilitating transactions. |
| Advium Corporate Finance | Advisor to AMF | Company | Acted as the financial advisor to AMF Tjänstepension AB in the transaction. |
| AMF Tjänstepension AB | Seller | Company | A Swedish pension fund divesting its stake in Mercada Oy. |
| Mercada Oy | Target Company | Company | Owner of a significant property portfolio in Finland. |
| Kesko Corporation | Buyer | Company | A leading Finnish retailer acquiring a stake in Mercada Oy. |