Scandi Standard completes the strategic acquisition in Lithuania
On 13 August 2024, Scandi Standard AB (publ) (“Scandi Standard”) announced that it had agreed to acquire an integrated state-of-the-art poultry processor in Lithuania. The closing conditions have now been satisfied and Scandi Standard has completed the acquisition. Scandi Standard has made all preparations and actions necessary for commencing the operations during the coming weeks and having an expected initial annual throughput of 20-25 ktonnes grill weight (GW) from 2025. Jonas Tunestål, CEO of Scandi Standard, says “This deal is a significant step in the strengthening of