date:Mar 16, 2016
Finland-based meat processor Atria plans to enter Sweden's poultry sector by acquiring chicken supplier Lagerberg i Norjeby (Lagerbergs).
Expected to be completed in the second quarter of this year, the acquisition will generate an additional $33.3m in net sales a year.
Altria intends to buy the entire share capital of Lagerbergs, which owns a processing plant and a chicken-rearing facility in Blekinge. The Swedish poultry firm also purchases chickens from local producers.
With the takeover o