The divestment of HKScan’s Baltic businesses completed
HKScan Corporation, Press Release, 31 August 2023 at 5.15 p.m. Finnish timeHKScan and AS Maag Grupp have today closed the previously announced transaction whereby HKScan will sell its Baltic businesses to the Estonian AS Maag Grupp. The transaction involved the shares of AS HKScan Estonia, AS HKScan Latvia and UAB HKScan Lietuva, the subsidiaries constituting HKScan's Business Unit Baltics. The debt-free purchase price was EUR 90 million, of which EUR 20 million is conditional on the combined performance of the separately defined meat business subject to the transaction and Maag Grupp's