Competition Authority has approved the sale of Apetit's Grain Trade business to Berner

Apetit Plc, Inside information on 10 May 2022 at 11:20 a.m.

Competition Authority has approved the sale of Apetit's Grain Trade business to Berner

Competition Authority has approved the transaction in which Apetit sells its Grain Trade business to Berner Oy. The parties have agreed to pursue the completion of the transaction by 31 May 2022.

On 23 March 2022, Apetit announced it had agreed to sell its Grain Trade business to Berner Ltd. The transaction will include Avena's Finnish grain trade business, as well as its grain stocks and port operations in Finland.

Apetit Plc

For further information, please contact:

Esa Mäki, CEO, tel. [phone]

Apetit is a food industry company firmly rooted in Finnish primary production. Our operations are based on a unique and sustainable value chain: we create well-being through vegetables by offering tasty food solutions that make daily life easier. We also produce high-quality vegetable oils and rapeseed expellers for feedstuff, and trade grain on the international markets. Apetit Plc's shares are listed on Nasdaq Helsinki. The Group's net sales in 2021 were EUR 284 million. Read more: at apetit.fi.

https://news.cision.com/apetit-oyj/r/competition-authority-has-approved-the-sale-of-apetit-s-grain-trade-business-to-berner,c3563954

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