Finnish food business Fazer Group is to buy local peer Kaslink.

A family-owned company, Kaslink specialising in developing and manufacturing Scandinavian food products, including cooking products, drinks and snacks, with Nordic oats playing a central role in its product offering.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Established in 2001 and based in Koria in south east Finland, Kaslink had net sales of EUR65m (US$72.8m) in 2018. It employs 170 people.

Earlier this month Fazer announced it was selling its foodservice arm to Compass Group of the UK to concentrate on a strategy to invest in growth, both organics and through M&A.

Commenting on the Kaslink deal, Christoph Vitzthum, Fazer’s president and CEO, said: “We are excited to announce this acquisition as it would be a perfect match for Fazer in executing our strategy. Kaslink is an innovative actor with strong commercial insights, modern production facility and proficiency in production based on technological know-how. These create a highly competitive foundation for selling, marketing and producing sustainable oat-based products on an international scale.”

Juha-Petteri Kukkonen, chief creative officer and one of the three brothers who own Kaslink, said: “We have created a unique basis for the oat business, a proof of which is that the nearly 130-year-old Fazer wants to embrace the Kaslink Aito product family created by us, the Kukkonen family, and our story that already has such a great beginning.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The Kaslink Aito product portfolio is made from Nordic oats and consists of non-dairy drinks, cooking products and snacks. Kaslink sells its products in its home market and in Sweden.

The transaction is subject to Finnish Consumer and Competition Authority approval.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now