Atria is expanding its business in Finland and acquires 70 per cent of the Kaivon Liha Kaunismaa Oy (Kaivon Liha) shares. Kaivon Liha focuses its business on the processing and wholesale of beef. The company’s customers are mainly fast-food chains and food service customers.
Kaivon Liha has a strong market position in Finland as a manufacturer of high-quality hamburger and kebab products. The product range of Kaivon Liha complements Atria’s product range in beef products.
Atria’s annual net sales is expected to increase by about EUR 40 million. Kaivon Liha production plant is located in Turku, Finland and has about 50 employees. Closure of the transaction is subject Finnish Competition and Consumer Authority approval. Trade is due to be completed during the third quarter in 2016.
Upon FoodBev Media’s return from Vitafoods 2022 – which took place from 10-12 May in Geneva, Switzerland – the team reflects on the event’s aim to bring together international nutraceutical suppliers and experts from across the globe.
Following a strategic review last year, Mondelēz International is planning to sell its developed chewing gum business, which includes brands Trident and Dentyne. This is in addition to offloading its Halls cough drop brand, as the food giant focuses on generating 90% of revenue in its chocolates and biscuits businesses, including baked snacks.
Givaudan has unveiled NaNino+, a patent-pending combination of plant-based ingredients and natural flavorings that can replace nitrite in processed meat. Designed with natural ingredients, it provides a lasting multi-sensorial food experience with a good taste, color and freshness.