Apetit completed the acquisition of Foodhills.

Apetit, a food industry company, completed the acquisition of Foodhills, a frozen peas producer. Financial terms were not disclosed. ”I would like to welcome the Foodhills’ employees to the Apetit Group. The acquisition strengthens Apetit’s role as a significant Nordic producer of frozen peas and vegetable-based food. The cultivation area and production capacity of Apetit’s frozen peas will grow significantly with the acquisition. According to our estimates, Apetit will produce over 10 percent of the frozen peas in Europe. Cultivation and production of frozen peas are in the core of Apetit’s expertise,” Esa Mäki, Apetit CEO.