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…