Aspo’s subsidiary Leipurin divests its bakery equipment trading business
23 October 2023 - 5:29PM
Aspo’s subsidiary Leipurin divests its bakery equipment trading
business
Aspo PlcPress releaseOctober 23, 2023 at 09:30
Aspo’s subsidiary Leipurin divests its bakery equipment
trading business
Aspo’s subsidiary Leipurin has signed an agreement for the sale
of its bakery equipment trading business to Orat Oy. Orat Oy is a
Finnish family business specializing in import of machinery,
accessories and raw materials used in the food industry and is part
of Oy Transmeri Group Ab group. Leipurin bakery equipment trading
business serves Finnish bakeries and other food industry companies
with production equipment as well related services and spare parts.
The transaction price is approximately EUR 500 thousand and
includes the business and related inventory. Closing of the
transaction requires certain approvals of business partners and is
expected to take place by the end of the year.
“We are happy to have found a new home for Leipurin’s bakery
equipment trading business in Orat with long history in machinery
import for the food industry. This divestment supports Leipurin’s
strategy to be a focused, Nordic ingredient and service company,”
says Rolf Jansson, CEO of Aspo Group.
In 2022, bakery equipment trading business’s net sales amounted
to EUR 2 million. The transaction will not have a significant
impact on Aspo’s earnings.
Aspo PlcRolf JanssonCEO Further information, please contact:
Rolf Jansson, CEO, Aspo Plc, +358 400 600 264,
rolf.jansson@aspo.comDISTRIBUTION: Key
mediawww.aspo.com Aspo creates value by owning and
developing business operations sustainably and in the long term.
Our companies aim to be market leaders in their sectors. They are
responsible for their own operations, customer relationships and
the development of these aiming to be forerunners in
sustainability. Aspo supports its businesses profitability and
growth with the right capabilities. Aspo Group has businesses in 18
different countries, and it employs a total of approximately 800
professionals.
- 2023_10_23_Press release ENG_vF
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