Apetit discloses additional information on the sale of the fresh cut products business

Apetit discloses additional information on the sale of the fresh cut products business

Apetit Plc, Insider information, 10 July 2019 at 14:30 p.m.

Apetit Plc discloses additional information on the sale of the fresh cut products business. On 10 July 2019 Apetit announced that it has signed an agreement on selling its fresh cut products business operations to the Swedish company Greenfood AB.

A transaction price of the business transfer is EUR 13,8 million. The price is paid in cash at the time of completion of the transaction which is expected to take place in the second half of 2019. The transaction requires the approval of the competition authorities.

Apetit Plc

For more information, please contact:

Juha Vanhainen, CEO, Apetit Plc, tel. +358 10 402 2100

Apetit is number one in vegetables. It is a food industry company firmly rooted in Finnish primary production. We create well-being with vegetables by offering healthy and tasty food solutions that make daily life easier. We also produce high-quality vegetable oils and rapeseed expellers for feeding stuff, and trade grain on the international markets. Apetit seeks to lead the way in vegetable-based food solutions. Apetit Plc's shares are listed on Nasdaq Helsinki. In 2018, the company's net sales were EUR 283 million. Read more at apetit.fi.


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