Acquisitions3 Jul 2025, 06:12 pm
Mahindra & Mahindra Acquires 100% Stake in Finnish Mutual Real Estate Company Keskindinen Kiinteisté Oy Salla Star, Finland
AI Summary
Mahindra & Mahindra Ltd, through its subsidiary Mahindra Holidays & Resorts India Limited, has acquired 100% stake in Keskindinen Kiinteisté Oy Salla Star, Finland (KKOSS). KKOSS is primarily in the business of owning and managing a property located in Block 26 in the village of Mark&jarvi, in the municipality of Salla, Finland. The acquisition was completed on July 03, 2025, for a cash consideration of Rs. 2,34,73,220. KKOSS was incorporated on November 30, 2011, and has been present in Finland since then. The turnover of KKOSS for the last 3 years is as given below: For the year ended December 31, 2022: Rs. 5,84,690; For the year ended December 31, 2023: Rs. 5,69,426; For the year ended December 31, 2024: Rs. 5,13,644.
Key Highlights
- Mahindra & Mahindra Ltd acquires 100% stake in Keskindinen Kiinteisté Oy Salla Star, Finland through its subsidiary.
- KKOSS is a Finnish mutual real estate company primarily in the business of owning and managing a property in Finland.
- The acquisition was completed on July 03, 2025, for a cash consideration of Rs. 2,34,73,220.
- KKOSS was incorporated on November 30, 2011, and has been present in Finland since then.
- The turnover of KKOSS for the last 3 years is Rs. 5,84,690 (2022), Rs. 5,69,426 (2023), and Rs. 5,13,644 (2024).