OREANDA-NEWS. March 13, 2012. Norwegian company Reitan Servicehandel acquired over 1,000 R-Kiosk convenience stores operating in Estonia, Finland and Lithuania from Finnish Sanoma.

The purchase price of the stores that hold a leading position in their segment on all three markets was approximately 130 million euros, the company said in a statement.

"This acquisition makes us Europe’s second largest convenience store operator – an achievement of which we are very proud," said Magnus Reitan, CEO of the company.