Finnish meat processor Atria has said it has signed a definitive agreement to acquire the entire issued share capital of Estonian company AS Valga Lihatööstus.
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AS Valga Lihatööstus is the second-largest beef and pork processing company in Estonia. Valga’s share of the Estonian meat products market is about 15%, and Valga products are sold through all the major food retail chains in Estonia. In addition, Valga has established a strong position in Latvia.
Atria said the Estonian Competition Authority has cleared the acquisition.
Atria is the largest meat business in Finland, with brands including Atria, Duke’s, Forssan and Lithells.
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