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Suomen Rehu Ltd acquires full ownership of Mildola Oy.

NORDIC BUSINESS REPORT-14 April 2006-Suomen Rehu Ltd acquires full ownership of Mildola Oy(C)1994-2006 M2 COMMUNICATIONS LTD

Finnish industrial food company Lannen Tehtaat Oyj said on Thursday (13 April) that its business unit Suomen Rehu Ltd had acquired the 17.5% stake in Mildola Oy that was held by Maatalouskesko Oy.

Through this transaction Mildola Oy becomes wholly owned by Suomen Rehu Ltd. The purchase price was not revealed.

Mildola is a Finnish rapeseed crushing company that markets vegetable oils within the European Union and protein feeds on the Finnish market. The company employs 36 people and in 2005 it had a net turnover of EUR40.8m.

One euro (EUR) is worth approximately 0.69 British pounds (GBP).

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Publication:Nordic Business Report
Article Type:Brief article
Geographic Code:4EUFI
Date:Apr 14, 2006
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