Atria to reorganize Itikanmäki area in Seinäjoki
Atria to reorganize Itikanmäki area in Seinäjoki
Atria Group Plc's Board of Directors made a decision on the reorganisation of
the Itikanmäki facilities. Atria and the Itikka cooperative association have
signed a letter of intent with Peab Seicon Oy under which Peab Seicon will buy
most of the Itikanmäki property including its buildings and will build a new
office building in Itikanmäki for the property company owned by Atria and its
owner cooperative associations. The reorganisation also includes transfer of the
current production operations to Nurmo.
The construction of the new office building is being commissioned by a property
company whose shareholders are the Itikka cooperative association, Lihakunta and
Atria Group Plc. The property company will also own the new building. The land
use plan for Itikanmäki in Seinäjoki is to be developed in cooperation between
Atria, the Itikka cooperative association, Peab Seicon and the City of
Seinäjoki.
The whole reorganisation scheme, including changes in the land use plan and
construction, will take about 2-4 years. The change in the land use plan
requires rearrangements in land areas in the Itikanmäki area, including between
the Itikka cooperative association and the City of Seinäjoki.
Atria's present premises in Itikanmäki are no longer suitable for production use
pursuant to the requirements of the food industry, nor are they suitable as
office space. In future, Atria's operations in the Seinäjoki area will be
concentrated in Nurmo and the new premises being built.
ATRIA GROUP PLC
Matti Tikkakoski
President and CEO
For additional information, please contact Mr Juha Gröhn, Managing Director of
Atria Finland Ltd, tel. +358 400 684 224 and Property Director Pauli Tuominen,
tel. +358 400 563 621.
DISTRIBUTION:
Helsinki Stock Exchange
Principal media
www.atria.fi