As a further step in an ongoing process to clarify and streamline its legal structure, HKScan will merge its two Estonian subsidiaries, AS Rakvere Lihakombinaat and AS Tallegg, to form AS HKScan Estonia on 30 May 2014.
In compliance with guidelines finalized in summer 2013, HKScan will change the name of its Latvian subsidiary AS Rigas Miesnieks to AS HKScan Latvia and its Lithuanian subsidiary UAB Klaipedos Maisto Mesos Produktai to UAB HKScan Lietuva.
These changes will have no impact on the standing or identity of existing product brands. The merger is purely of a legal nature and will have no impact on employees.
The new naming structure is intended to clarify the HKScan brand strategy and strengthen the Group identity both internally and externally. These policy changes follow in the wake of strategic and organizational reforms initiated in 2012 to improve HKScan’s profitability and operational efficiency and to build a stronger, unified corporate culture.
For further information:
CEO Hannu Kottonen, HKScan Corporation. Kindly submit a call-back request to Marja-Leena Dahlskog ,SVP Communications, email@example.com tel. +358 10 570 2142.
HKScan is one of the leading food companies in northern Europe, with home markets in Finland, Sweden, Denmark, the Baltic countries and Poland. HKScan manufactures, sells and markets pork and beef, poultry products, processed meats and convenience foods under strong brand names. Its customers are the retail, food service, industrial and export sectors. In 2012, it had net sales of EUR 2.5 billion and some 11 000 employees.