Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Telko is a distributor and expert of plastics, chemicals and lubricants.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedAspo Group’s subsidiary Telko has signed a binding framework agreement according to which it will sell the share capital of its Russian subsidiary Telko LLC to Russian industrial operator GK Himik. The purchase price is approximately EUR 9.5 million. Rights to Telko's name and trademarks are not included in the sale. The completion of the transaction requires an approval of the Russian authorities. Aspo's subsidiary Telko completes the sale of its Russian operations.
| October 17, 2022 | Aspo’s subsidiary Telko to divest its Russian operations |