Atria Oyj - Tender offer

The Finnish Competition and Consumer Authority approved Atria's acquisition of meat procurement, slaughtering and meat cutting operations from Saarioinen

Seinäjoki, Finland, 2014-01-21 14:00 CET (GLOBE NEWSWIRE) -- Atria Plc Company
Announcement 21 January 2014 at 3 pm 

On 11 July 2013, Atria Plc and Saarioinen Oy signed a preliminary agreement
under which Atria will acquire Saarioinen's procurement, slaughtering and
cutting operations for beef, pork and chicken. On 21 January 2014, the Finnish
Competition and Consumer Authority announced its approval of the acquisition.
The deal between Atria and Saarioinen will be finalised by the end of January
2014. The purchase price is approximately EUR 30 million and will be paid in
cash. The operations covered by the deal will be integrated into Atria starting
1 February 2014. 

The personnel of Saarioinen's procurement, slaughtering and cutting operations
will move to Atria as continuing employees, and Atria will continue its
industrial operations in Jyväskylä and Sahalahti. The operations covered by the
deal employ 400 people in average. Atria's net sales are expected to grow by
about EUR 70 million annually. 

More detailed information on the preliminary agreement is available in the
company announcement published on 11 July 2013. 

For more information, please contact Juha Gröhn, CEO, Atria Plc, tel. +358 400
684 224. 

ATRIA PLC
Juha Gröhn
CEO

DISTRIBUTION:
Helsinki Stock Exchange
Principal media
www.atriagroup.com