We are advising ABC Group on the acquisition of wholesale company Sales-Star
AbeStock AS, a wholesale company who is a part of ABC Group, buys AS Sales-Star, AbeStock AS, a company offering services related to the sales and distribution of food and consumer goods.
“AbeStock wants to expand its product portfolio and provide additional services such as brand marketing and embedded marketing, but particularly, to offer even better quality of services and efficiency to its partners,” said Mart Vips, Chairman of the Board of AbeStock owner company ABC Group AS.
“We are glad that Sales-Star business will continue in the wholesale company AbeStock, which will become Estonia's most important consumer goods wholesaler with this transaction,” announced Sven Mansberg, Chairman of the Board of Sales-Star.
The transaction shall enter into force after the permission of the Competition Authority. The ABC Group was advised by Ellex Raidla Law Firm.