Aspo Plc
Press launch
December 2, 2024 at 9:30 am
Aspo subsidiary Leipurin expands its meals elements enterprise within the Baltics
Aspo subsidiary Leipurin has reached an settlement with Kartagena UAB to take over the meals elements distribution enterprise beforehand run by Kartagena UAB. Beneath this settlement, Leipurin Lithuania will take over key provider and buyer relationships, purchase Kartagena's meals stock and guarantee a seamless continuation of the associated meals ingredient distribution enterprise. This association will create approx. 2 million euros in new earnings and approx. zero.15 million euros of EBITA for Leipurin on an annualized foundation.
Completion of the settlement is anticipated to happen through the first quarter of 2025 and is topic to approval by Lithuanian competitors authorities.
“This settlement strengthens Leipurin's place within the Baltic market and supplies new progress alternatives within the area,” says Miska Kuusela, CEO of Leipurin.
“The transaction is a profitable continuation of Aspo's composites technique in precedence market segments,” says Rolf Jansson, CEO of the Aspo group.
Aspo Plc
Rolf Jansson
government director
Extra data, please contact:
Rolf Jansson, CEO of Aspo Plc, tel. +358 400 600 264, rolf.jansson@aspo.com
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Asp Create worth by proudly owning and growing enterprise operations sustainably and over the long run. Our firms aspire to be market leaders of their sectors. They’re answerable for their very own operations, buyer relationships and buyer improvement with the purpose of being pioneers in sustainability. Aspo helps the profitability and progress of what you are promoting with the precise capabilities. Aspo Group does enterprise in 17 totally different nations and employs roughly 800 professionals.
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