Finland's Cityvarasto Buys Storage Service Group Kenguruvarastot

Cityvarasto (CITYVA.HE) acquired storage services company Kenguruvarastot as part of its growth strategy to expand its market position, according to a Monday release. The deal adds 700 square meters of storage space located in a commercial center in Vantaa, Finland, to the self-storage company's service network, making Cityvarasto the largest property owner in that commercial center. Moving forward, Cityvarasto said it will continue to actively pursue new locations and company acquisitions.