# DAVA Agravis Machinery Holding acquires 45% of Konekesko Lietuva for EUR 21M

DAVA Agravis Machinery Holding, part of Danish Agro group, acquired 45% of the share capital in Konekesko Lietuva from Finnish company Konekesko, along with minority interests in Konekesko subsidiaries in Latvia and Estonia, for a total disclosed value of approximately EUR 21 million.

- Type: Acquisition
- Announced: 2017-02-13
- Where: Lithuania
- Value: $23.0M (21.0M EUR)
- Status: announced
- Products: agricultural machinery, forest machinery, construction machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [DAVA Agravis Machinery Holding](https://endata.com/companies/22146.md) (acquirer)
- [Konekesko Lietuva](https://endata.com/companies/22147.md) (target)
- [Konekesko](https://endata.com/companies/22148.md) (partner)

## Sources

- [sorainen.com](https://www.sorainen.com/lv/darijumi-un-lietas/dava-agravis-machinery-holding-iegadajas-konekesko-lietuva-mazakuma-daias/), 2017-02-12: "Sorainen advised Danish Agro group company DAVA Agravis Machinery Holding on its acquisition of 45% of the share capital in Konekesko Lietuva from Finnish company Konekesko."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.