Scandi Standard Acquires Tyson Foods' Oosterwolde

Reuters

02-03

Feb 3 (Reuters) - Scandi Standard AB (publ) ::
*ACQUIRES TYSON FOODS' OOSTERWOLDE, NETHERLANDS MANUFACTURING ASSETS
*TOTAL INVESTMENT TO COMMENCE OPERATIONS IS ABOUT 28 MEUR
*OPERATIONS EXPECTED TO COMMENCE DURING Q3 2025
*ACQUISITION WILL INCREASE SCANDI STANDARD'S READY-TO-EAT CAPACITY BY 90% AND REPLACES PLANNED 30 MEUR EXPANSION INVESTMENT OF FARRE PLANT IN DENMARK
*EUROPEAN MARKET FOR BREADED POULTRY PRODUCTS EXPECTED TO GROW BY 60 KTONNES BY 2029

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 03-FEB-202506:30:08.007 GMT

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