Competition authority has approved the sale of Apetit’s fresh cut products business to Greenfood

Apetit Plc, Stock Exchange Release on 27 September 2019 at 03:30 p.m.

The competition authority has approved the transaction in which Apetit sells its fresh cut products business, located in Helsinki, Finland, to Greenfood Group. The parties have agreed to pursue the completion of the transaction on 30 September 2019.

Apetit Plc announced on 10 July 2019, that it has signed an agreement on selling its fresh cut products business to Greenfood. Greenfood is a leading healthy fresh food actor that operates in the Nordic countries and Western Europe. In Finland, Greenfood AB owns Salico Oy, Satotukku Oy, Picadeli Oy and Snackpoint Oy. Salico is one of the leading Finnish suppliers of fresh cut fruit and vegetable products to food service, retail and fast food chains.

For more information, please contact:

Esa Mäki, CEO, tel. +358 10 402 2100

Sanna Väisänen, Director, Corporate Communications and Sustainability, tel. +358 10 402 4041

Apetit is number one in vegetables. It is a food industry company firmly rooted in Finnish primary production. We create well-being with vegetables by offering healthy and tasty food solutions that make daily life easier. We also produce high-quality vegetable oils and rapeseed expellers for feeding stuff, and trade grain on the international markets. Apetit seeks to lead the way in vegetable-based food solutions. Apetit Plc's shares are listed on Nasdaq Helsinki. In 2018, the company's net sales were EUR 283 million. Read more at apetit.fi.

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