Lantmännen to acquire Myllyn Paras from Sponsor Capital.

Lantmännen, a Swedish agricultural cooperative, agreed to acquire Myllyn Paras, a food company, from Sponsor Capital, a private equity firm. Financial terms were not disclosed. "With this acquisition we expand our presence on the Finnish market, well in line with our strategic ambitions to enhance our position in Northern Europe. Milling and baking are part of Lantmännen’s core operations globally, making Myllyn Paras an excellent addition to current businesses in Finland. The offering of Myllyn Paras complements ours in several areas, which paves the way for innovation from field to fork, and a broader product offering that is beneficial for both customers and consumers," Per Olof Nyman, Lantmännen President and CEO.