Evli Corporate Finance is pleased to announce that it advised Lantmännen in the acquisition of Tate & Lyle’s mill and production facility for the processing of oats in Kimstad, Sweden. The acquisition will strengthen Lantmännen’s position in the oats market.
The acquisition gives Lantmännen access to an oat mill with a capacity of 55,000 tons, that complements the existing production capacity within heat-treated oats. It also offers Lantmännen the opportunity to further invest in the processing of oats and to develop and produce ingredients with oats as the raw material.
Lantmännen is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. Additional information at www.lantmannen.com/en.
Tate & Lyleis a global provider of solutions and ingredients for food, beverage and industrial markets. It is listed on the London Stock Exchange. Additional information at www.tateandlyle.com.