HKScan, the Finland-based meals workforce, has arrange a mission with native greens trade Vihannes-Laitila.
The brand new mission will release what HKScan described as “contemporary ready-to-use and ready-to-cook vegetable merchandise with upper added-value”.
Tero Hemmilä, HKScan’s CEO, mentioned: “The partnership with Finland’s main vegetable buying and selling corporate is a herbal a part of our option to increase into new uncooked fabrics and product classes. Using greens has been strongly rising and the added price of goods has been on reasonable very low. The brand new collaboration will supply a very good platform to create added price for vegetable merchandise, expand the choice and force enlargement.”
The corporations plan to release merchandise inside of a 12 months. Requested for extra main points, a HKScan spokesperson mentioned: “Because the agreements had been signed and the three way partnership between HKScan and Vihannes-Laitila used to be revealed the previous day, the paintings has now not but began.
“Inside a 12 months. the brand new corporate will release the brand new product line. At the present time we haven’t revealed the emblem, the goods or gross sales channels. We can inform extra concerning the new trade, new merchandise and many others later when the operation of the brand new JV has began.”
As a part of the deal, HKScan will turn into a shareholder in Vihannes-Laitila, retaining what the corporate mentioned in a observation is “a small stake”. The HKScan spokesperson declined to remark additional.
Vihannes-Laitila, which employs round 100 folks, is owned via 80 farmers within the area of Southwest Finland. It generated internet gross sales of EUR36m in 2021.
HKScan, a significant provider of pork, beef and poultry merchandise around the Nordic and Baltic markets, has been broadening its trade.
It has joined forces with unbiased meat-free corporations in spaces like distribution.
HKScan has been production and advertising and marketing meat-free merchandise underneath its Pärsons emblem in Sweden in 2016. In November 2019, the corporate teamed up with Hes-Professional (Finland) to expand plant-based protein merchandise, with the primary meals from that partnership introduced closing autumn underneath the HK Vihreät emblem.
In Would possibly closing 12 months, HKScan expanded additional into the plant-based marketplace with a three way partnership with Finland-based non-public bakery trade Leivon Leipomo. Six months later, the crowd inked a deal to promote Apetit’s plant-based merchandise within the Swedish foodservice channel.
In November, HKScan entered the fish sector with the purchase of a minority hobby in Gårdsfisk emblem proprietor Scandinavian Aquasystems.
HKScan generated internet gross sales of EUR1.82bn (US$1.98bn) in 2021, as opposed to EUR1.78bn a 12 months previous. At “related alternate charges”, the corporate mentioned its internet gross sales “remained on the comparability 12 months degree”.
EBIT stood at EUR17.9m, in opposition to EUR21.3m in 2020. The crowd made a internet lack of EUR1.2m in 2021. The 12 months ahead of, HKScan posted a internet benefit of EUR4.8m.
Comparable Firms
