District Court rejects Oy Primula Ab bankruptcy estate’s action for damages against HKScan

HKScan Corporation                              Stock exchange release 2.2.2015 at 3:40 p.m.
 

District Court rejects Oy Primula Ab bankruptcy estate’s action for damages against HKScan

The District Court of Southwest Finland has today, 2 February 2015, issued its interlocutory ruling by which it rejects as patently unfounded an action for damages submitted against HKScan Corporation and HKScan Finland Oy by the bankruptcy estate of Oy Primula Ab. Primula sued HKScan for breach of contract concerning initial investigations carried out in 2009 and 2010 by HK Ruokatalo (today HKScan Finland Oy) and Primula related to potential collaboration between HKScan and Primula’s Järvenpää production site (Järvenpään Herkkutehdas Oy).

The District Court denied the claim for damages and additionally ordered Oy Primula Ab’s bankruptcy estate to pay HKScan’s legal fees. The court ruling is not yet final and binding.


HKScan Corporation
Hannu Kottonen

For further information, kindly contact HKScan’s Administrative and Legal Director Markku Suvanto. Please submit a call-back request via Marjukka Hujanen, tel. +358 10 570 6218.

HKScan is the leading Nordic meat expert. We sell, market and produce high-quality, responsibly-produced pork, beef, poultry and lamb products, processed meats and convenience foods under strong brand names. Our customers are the retail, food service, industrial and export sectors, and our home markets comprise Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. HKScan’s net sales is EUR 2.1 billion and we have some 7 700 employees, making us one of the Europe’s leading meat companies.

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