3 September 2019

JOHBECO acquires the Finnish fish and seafood specialist Arvo Kokkonen

The Swedish fresh food specialist group JOHBECO, which includes Johan i Hallen and Bergfalk & Co, strengthens its position in Finland by acquiring the Finnish fish and seafood specialist Arvo Kokkonen Oy. Thanks to this partnership, Arvo Kokkonen can now also offer its customers in Finland a complete range of high-quality meat and delicatessen products.

Arvo Kokkonen offers a complete range of fresh and frozen fish and seafood products and holds a strong position in Finland, having been operating in this sector for 40 years. The aim is to offer a varied assortment of environmentally certified products to customers throughout Finland. Arvo Kokkonen is established in Vantaa, just outside Helsinki, and Nurmes, in eastern Finland. Thousands of kilos of fish and seafood are transported daily from Vantaa to restaurants, shops and wholesalers. Thanks to its facility at Nurmes, located beside a lake, the company has access to a variety of freshwater fish and extensive experience from its own smokehouses.

Jari Kokkonen, CEO of Arvo Kokkonen Oy, feels positive about the new collaboration.
“We noted early in the discussions that we share the same opinions and passion for what we do. Being part of a larger group will make it easier for our customers to gain access to a much wider selection of food products than previously. All from a single supplier. With such a broad range of fish, seafood, meat and delicatessen products we will also be able to attract new customers” says Jari Kokkonen.

Lars Bengtsson, CEO of JOHBECO, views the acquisition as an important step in the group’s continued expansion process.
“We started off in Finland three years ago with Bergfalk & Co Oy and we felt that it was now time to further strengthen our position in the country. Our values and opinions are wholly in line with those of Arvo Kokkonen and we look forward to continuing to develop our role on the Finnish market with two strong segments there now, fish and meat” concludes Lars.


For further information, please contact:
Lars Bengtsson, CEO, JOHBECO AB
tel. +46 70 523 30 02, lars.bengtsson@johbeco.se

 

In 2019, the JOHBECO group has presented several new acquisitions. The group previously consisted of Johan i Hallen AB and Bergfalk & Co AB, but has now also added fish and seafood specialists Fiskeboa i GBG AB, Gothia Seafood AB and Fiskgrossisten i Helsingborg AB. Together with the acquisition of Arvo Kokkonen Oy, the group now has a turnover of around EUR 160 million (SEK 1.7 billion).