date:Mar 04, 2014
okolw, HKScan's joint venture (JV) in Poland. Sokolw is wholly-owned by Saturn Nordic.
In 2004, HKScan and Danish Crown formed a JV and acquired the operations of meat firm Sokolw. For the fiscal 2013, HKScan's 50% share of Sokolw's net sales was 375m.
The company will continue to operate its wholly-owned subsidiary, HKScan Poland in Swinoujscie, Poland.
HKScan president and CEO Hannu Kottonen said, The deal is positive for all parties. For HKScan, the divestment enables the Group to accelera