HKScan and HK Ruokatalo subject to an action for damages by Oy Primula Ab's bankrupt's estate

HKScan Corporation                Stock exchange release         7 September 2012      at 9:30


HKScan and HK Ruokatalo subject to an action for damages by Oy Primula Ab's bankrupt's estate


HKScan Corporation and HK Ruokatalo Oy have been notified that Oy Primula Ab's bankrupt's estate has submitted an action for damages to the District Court of Finland Proper concerning the companies. The action amounts to about EUR 16.3 million and concerns initial reports between HK Ruokatalo and Primula in 2009 and 2010 related to possible cooperation with Primula's Järvenpää factory (Järvenpään Herkkutehdas Oy).
The reports did not result in commencing cooperation between HK Ruokatalo and Primula's Järvenpää factory.

According to public information, Primula had also conducted similar reports with many other companies.

HKScan and HK Ruokatalo find the action to be unjustified, and the companies will dispute all charges in the upcoming trial. Therefore, the action will not cause any reservations in the consolidated financial statements.


HKScan Corporation
Hannu Kottonen


For more details, please contact Markku Suvanto, Administrative and Legal Director of HKScan. You may submit a call request to him via Marjukka Hujanen, tel. +358 10 570 6218.


HKScan is one of the leading food companies in northern Europe with home markets in Finland, Sweden, Denmark, the Baltic countries and Poland. HKScan manufactures, sells and markets pork and beef, poultry products, processed meats and convenience foods under strong brand names. Its customers are retail, the Food Service, industry and export sectors. It had net sales of EUR 2.5 billion in 2011 and some 11 400 employees.


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