HKScan announces streamlining
Development program continues apace with integration and sale
Finland's HKScan has announced that is it centralizing all imports of externally sourced meats.
The change sees the integration of its fully owned subsidiary Annerstedt Flodin AB this month. The sales and marketing team of Annerstedt Flodin is being integrated with HKScan's sales and marketing, and Annerstedt Flodin's CEO Mikael Olsson will be responsible for leading and developing the group meat import function.
The company says that it favors domestically produced meat sourced from long-term suppliers in Finland, Sweden and Denmark or from the corporation's wholly-owned farms in Estonia. Additionally, a smaller volume of meat is imported from HKScan Group's slaughterhouses from other HKScan's home markets, and some meat is also imported from third-part suppliers.
Separately, HKScan has announced the sale of its 49 percent stake in the Swedish meat and meat processing business Nyhlens & Hugosons Chark AB to Alviksgarden Lantbruks AB. The sale price amounts to EUR 2.2 million (USD3 million) and forms part of HKScan's development program and strategy review in Sweden.