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Announced

Korona Invest to acquire a majority stake in Herkkumaa.

Synopsis

Korona Invest, a Finnish private equity firm, agreed to acquire a majority stake in Herkkumaa, a food producer. Financial terms were not disclosed. “From the first meeting, we were impressed by Herkkumaa’s ability and willingness to evolve and grow responsibility at a faster pace than the market. The company has made efficiency investments in both production and sustainability, and we believe that this fine, traditional family-owned company is excellently positioned to become an even broader food house together with Korona Invest,” Matti Kangas, Korona Invest Investment Director.

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