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17 Crisp bread with flax2c sesame and sunflower seeds web

Vaasan acquired by Lantmännen

Acquisition by Lantmännen
June 2015
Sector: Consumer
Service: M&A

Our role

Exclusive financial adviser to Lantmännen on the acquisition of Vaasan from Lion Capital

Buyer

Lantmännen, founded 2001, is an agricultural cooperative and the Nordic Region´s leader in agriculture, machinery, bioenergy and food products. Owned by 32,000 Swedish farmers, the company has more than 8,000 employees, operations in over 20 countries and revenues of SEK 33 billion 

Target

Vaasan, founded 1849, is an international frontrunner in the baking industry in the Nordic region and the Baltic countries, and is the world’s largest producer of thin crisp and the second-largest producer of crisp bread. The Group had net sales of EUR 415 million in 2013, and c. 2,745 employees in Finland, Estonia, Latvia, Lithuania, Sweden, and Norway