Karlshamns acquires Raisio's industrial margarine sales in Sweden

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Karlshamns acquires Raisio's industrial margarine sales in Sweden Karlshamns has reached an agreement with Raisio on the principles for an acquisition of Raisio's industrial margarine sales on the Swedish market. These sales have an annual turnover of approximately SEK 60 million and will be taken over by Karlshamns as of 1 November 2002. - The acquisition is entirely in line with our strategy to focus on specialised, value-added products. One way of achieving this is to integrate other ingredients in fat-based solutions, says Karlshamns President Jerker Hartwall. Through a number of years, Carlshamn Mejeri has handled Raisio's sales of liquid and solid margarines to the bakery and convenience food industry in Sweden. Raisio has developed an attractive range of high- quality products, with certain niche products in the liquid margarine segment in particular. - This is an optimal solution not only for Raisio and Karlshamns but for our customers as well, says Pekka Silvennoinen, President of Carlshamn Mejeri. For further information, please contact either of Karlshamns President Jerker Hartwall, telephone +46 (0)454-82603, mobile +46 (0)705-757110 or Karlshamns CIO Bo Svensson, telephone +46 (0)454-821 93, mobile +46 (0)708-182 193. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/22/20021022BIT00930/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/22/20021022BIT00930/wkr0002.pdf