Fazer completes the acquisition of Trensums Food AB
Fazer Group has completed the acquisition of the Swedish food company Trensums Food AB. The transaction has been approved by the Swedish Competition Authority. Trensums Food is one of the leading producers of plant-based drinks in Europe, with a strategic focus on oat drinks. This acquisition is a further step in the implementation of Fazer’s growth strategy and the ambition to become one of the leading players in non-dairy and plant-based markets in Northern Europe.The global demand for oat drinks continues to grow due to the good taste as well as low environmental impact of the products.