Berner to acquire the grain trade business from Apetit.

Berner, a firm operating in the Finnish agricultural trade, agreed to acquire the grain trade business from Apetit, a food industry company. Financial terms were not disclosed. “Apetit’s strategic goal has been to develop its trade capabilities in the grain trade. As a result of changes in the operating environment and the market situation, reaching the goal has been challenging, which has unfortunately had a negative effect on the performance of the Grain Trade business. I believe that Berner is in a good position with synergies to continue developing the business. Once completed, the divestment of the Grain Trade business will improve Apetit’s profitability and allow us to focus on growing and developing our processing businesses, meaning the Food Solutions and Oilseed Products businesses," Esa Mäki, Apetit CEO.