Atria

Finnish firm Atria has announced that it has entered into an agreement to sell its Russian food subsidiary Pit-Product. In a press release, Atria said it had investigated various ways of developing its Russian business and has now entered into an agreement to sell Pit-Product to Agricultural Complex Mikhailovskiy, part of the Cherkizovo Group. Cherkizovo is claimed to be Russia’s largest manufacturer of meat products and has been listed on …

Finnish meat processor Atria is looking to enter the Swedish market with the acquisition of poultry group Lagerbergs. The acquisition of the firm, which is the third largest supplier of chicken to the Swedish market, is expected to boost Atria’s annual sales by $33.3 million. The move would mean a significant boost to Atria’s white meat processing business, with demand for Swedish-produced chicken in Sweden having increased “steadily” in recent …