Scandi Standard (SCST SS) strengthens its ready-to-eat business through Finnish acquisition
Scandi Standard AB’s (publ.) (“Scandi Standard” or the “Group”) Finnish subsidiary Naapurin Maalaiskana has entered into a binding agreement to acquire Landeli Oy Group’s ready-to-eat activities in Honkajoki (“Honkajoki”). In 2023 Honkajoki is expected to generate net sales of about MSEK 72 from about 1000 tonnes product weight, primarily based on chicken raw material. The parties have agreed not to disclose the terms of the transaction. In recent years Finnish Naapurin Maalaiskana has succeeded in maintaining a good level of growth, primarily driven by the continued positive
