Atria Oyj - Tender offer

Atria is entering the poultry business in Sweden - Atria to purchase Lagerberg i Norjeby AB, a Swedish poultry business.

Seinäjoki, Finland, 2016-03-11 07:55 CET (GLOBE NEWSWIRE) -- Atria Plc, Company
Announcement 11 March 2016 at 8.55 am 

Atria is entering the poultry business in Sweden - Atria to purchase Lagerberg
i Norjeby AB, a Swedish poultry business. 


Atria is entering the poultry business in Sweden and purchases the entire share
capital of Lagerberg i Norjeby AB (Lagerbergs). The company has a production
plant and its own chicken-rearing facility in Blekinge, Sweden. Lagerbergs is
the third largest supplier on the Swedish chicken market. In addition to its
own chicken-rearing Lagerbergs is purchasing chickens from local producers. 

The transaction will expand Atria's business in Sweden into white meat
processing. In Sweden, demand for Swedish-produced chicken has increased
steadily in recent years. In 2015, retail sales of poultry meat increased by
seven per cent. 

The acquisition will increase Atria's annual net sales by approximately EUR 30
million.The closing of the deal is subject to the approval of the Swedish
Competition Authority. The parties will strive to conclude the transaction
during the second quarter of this year. 

For more information, please contact Tomas Back, Atria Scandinavia’s Managing
Director, tel. +46 70 348 00 05. 


ATRIA PLC
Juha Gröhn
CEO

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