Bayn Europe acquires Koppers Candy Sweden AB and strengthens the Group's margins
Bayn Europe AB ("Bayn") has entered into a binding agreement to acquire 100% of the shares in Koppers Candy Sweden AB ("Koppers" or "the Company") for a cash purchase price (the "Purchase Price") of USD 847,000 (the "Transaction"). Koppers is a Swedish foodtech company that manufactures functional and sugar-reduced sweets for, among others, Bayn's brand Tweek. The transaction means that the Bayn Group significantly streamlines the R&D process and ensures control and access to the entire value chain. The acquisition strengthens the Group's margins through significant cost savings for the