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Announced

Fazer to acquire Kaslink.

Synopsis

Fazer, food industry company has agreed to buy Kaslink, company specialised in developing and manufacturing premium Scandinavian food products. Financial terms were not disclosed. “We are excited to announce this acquisition as it would be a perfect match for Fazer in executing our strategy. Kaslink is an innovative actor with strong commercial insights, modern production facility and proficiency in production based on technological know-how. These create a highly competitive foundation for selling, marketing and producing sustainable oat-based products on an international scale.” Christoph Vitzthum, Fazer Group’s President and CEO.

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