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Industry News & Trends / Business & Markets / Mergers & Acquisitions / Europe
on May 3, 2021

Cherkizovo closes acquisition of Pit-Product from Atria

The company had been operating at a loss for its former owner from Finland

Cherkizovo Group completed the acquisition of Pit-Product, a Russian subsidiary of Finnish meat and poultry company Atria Group, the two companies announced on April 30.

According to a notice from Atria, the sales price was approximately EUR30 million, and the effect of the divested business will amount to…

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