Atria, the Finland-based food group, has started talks to wind up a loss-making business in Sweden.

The company is looking to close its Lätta Måltider unit, which makes salads and sandwiches in Sweden.

Last year, Atria streamlined production and cut costs at the unit in a bid to improve efficiency. However, yesterday (2 April), Atria said last year’s actions had not brought “sufficient earnings improvements”.

Atria aims to close the business by July and has started negotiations with the 124 workers at Lätta Måltider. The business generated revenues of EUR25m (US$33.6m) in 2008.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.