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.
Source: Atria
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
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