On 30 September 2005, Kesko Food and Neste Marketing signed an agreement under which Kesko Food acquires Neste Marketing's holding in Pikoil. The parties have owned Pikoil on a fifty-fifty basis.
The framework of Pikoil's operations consists of K-pikkolo stores, Neste Motorest service stations with restaurant and Neste K-pikkolo service stations with grocery store. The company operates at over 130 business locations and employs about 1,400 persons.
Further information:
Terho Kalliokoski, President of Kesko Food Ltd, tel. +358 1053 22204
Mika Rautiainen, Vice President, Kesko Food Ltd, tel. +358 1053 22080