Scandi Standard acquires Bosarpskyckling AB Scandi

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Scandi Standard acquires Bosarpskyckling AB

Scandi Standard, through its subsidiary Kronfågel AB, is acquiring the Swedish organic and KRAV-approved chicken producer Bosarpskyckling AB. The acquisition will give Kronfågel AB an expanded customer offering, helping to meet the ever stronger demand for organic food. Bosarpskyckling AB is Sweden’s leading producer of organic broiler chickens under the Bosarp brand. The company was founded in 1999 by Birgitta and Claes Alwén at Bosarp Farm in Skåne. Full-year turnover for 2013 was approximately SEK 25 million, and the company is expected to make a positive contribution towards Scandi Standard’s results from the outset. The average compound annual growth rate (CAGR) has been twelve percent since 2010. The purchase sum is maximum SEK 33 million on a debt-free basis. The company is supplied by five contracted farmers. “This acquisition is in line with our long-term strategy of offering consumers healthy and climate-smart chicken products,” says Leif Bergvall Hansen, CEO of Scandi Standard. “Demand for white meat is growing, and the acquisition will enable Kronfågel AB to further develop and strengthen its customer offering with KRAV-approved, organic premium chicken,” says Magnus Lagergren, CEO of Kronfågel AB. “We are delighted that Kronfågel AB will be our new owner,” says the Alwén family via Birgitta Alwén. “Together, Bosarp and Kronfågel will develop our business to meet the growing demand for Bosarp’s organic chicken.” The acquisition is expected to be completed during the third quarter of 2014. The CEO of Bosarp will be Christian Gylche, son of Birgitta Alwén. If you have any questions, please contact: Leif Bergvall Hansen, CEO of Scandi Standard, telephone: +45 221 005 44 Magnus Lagergren, CEO of Kronfågel AB, telephone: +46 702 55 52 35 Christian Gylche, CEO of Bosarp AB, telephone: +46 705 85 81 27 KRAV is a Swedish association which certifies organic production. About Kronfågel AB Kronfågel AB is Sweden’s market-leading chicken producer. We produce, sell and market chilled, frozen and prepared chicken. We are part of the stock exchange listed Scandi Standard Group, the Nordic region’s largest chicken producer with leading positions in Sweden, Denmark and Norway through its strong brands Kronfågel, Danpo, Den Stolte Hane, Vestfold Fugl, Ivars and Chicky World. In Norway, eggs are also produced and sold under the Den Stolte Hane brand. Together, we have around 1,700 employees and a turnover of more than SEK 5 billion. Find out more at www.kronfagel.se or www.scandistandard.com About Bosarpskyckling AB Bosarpskyckling AB produces Swedish, organic, KRAV-approved chicken that is sold under the Bosarp brand. The company was founded in 1999 by the Alwén family at Bosarp Farm in Skåne. In 2013, the company’s turnover was approximately SEK 25 million. Its annual volume is 155,000 chickens through five contracted farmers. KRAV has rules which must be followed for the welfare, feeding and slaughter of animals. Find out more at www.bosarpkyckling.se

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Ani Huang: NAHR Fellow Elevates HR Leadership Standards

Updated Category News Views 197

Spotlight on Ani Huang's HR Leadership In a world where corporate strategies and workforce dynamics continually evolve, Ani Huang's ascent to Fellow of the National Academy of Human Resources (NAHR) signals a pivotal recognition. It's not just another pat on the back; it's a validation of a career steered by determination, expertise, and a knack for navigating the tangled...

Continue Reading
BETR Investors Face Action: Nov. 20 Deadline Nears

Updated Category News Views 121

High Stakes for BETR Shareholders If you're holding shares in Better Home & Finance Holding Company, right now might feel like you're at a craps table with emptying pockets. BETR, trading under NASDAQ, has become the center of a legal hurricane, with investors eyeing the November 20th deadline to join a securities class action led by Hagens Berman. The class period in...

Continue Reading
BTQ Technologies Calls Investors for Key Quantum Update

Updated Category News Views 80

You know what's stirring the pot over at BTQ Technologies? A shareholder call coming up soon, and boy, it's got 'eye-opening insights' written all over it. We're talkin' Q3 financial results and, likely, a smattering of future plans on the quantum front, folks. Diving into BTQ's Quantum Vision BTQ Technologies Corp. (NASDAQ: BTQ) isn't just another tech firm banging on...

Continue Reading
Honoring Boston's Architects Changing the Game

Updated Category News Views 75

Celebrating Architecture's Influencers in Boston Every now and then, a profession needs a wake-up call. Stirring the pot, shaking the roots, call it what you will, but when folks rally together with a shared vision, change doesn't just seem possible — it's inevitable. On November 12, the Boston Society of Architects (BSA) and Architecture in Common (AiC) did just that...

Continue Reading
Greenberg Traurig's Brad Kaufman: A Mentor of Resolute Impact

Updated Category News Views 214

A Milestone for Mentorship at Greenberg Traurig In the often cutthroat jungle of law, finding someone who actually gives a damn about you is as rare as finding a unicorn. Yet, there it is—Brad Kaufman, at the helm of Greenberg Traurig's professional development, proving that mentorship can be more than just a checkbox on a quarterly review. Award for Exceptional...

Continue Reading
SPOC Energy's Hiring Push Signals Growth Surge

Updated Category News Views 64

A Growing Workforce for a Growing Demand Here we are, smack dab in a bustling week of business news, and among it, SPOC Energy is ramping up its workforce across Alabama. Now, SPOC isn't any run-of-the-mill operation; this Birmingham-based manufacturer messes around with advanced power conversion systems and motor-control automation—a mouthful, sure, but critical stuff...

Continue Reading
SDI Presence Marks 30 Years with Top Workplace Honor

Updated Category News Views 121

30 Years of Innovation and Recognition If you've been around the block like I have, you know that anniversaries in the corporate world are more than just cake and confetti. For SDI Presence, hitting their 30th year alongside a ninth consecutive Chicago Tribune Top Workplaces recognition smacks of substance and staying power. These folks aren’t just resting on their...

Continue Reading
Manhattan Associates Faces Investigation by KSF Law Firm

Updated Category News Views 109

KSF Digs Into Manhattan Associates' Claims In the swirl of the financial world, you rarely see an investigation that doesn’t raise a few eyebrows. This time, it's Manhattan Associates, Inc. (NasdaqGS: MANH) squarely in the crosshairs of Kahn Swick & Foti, LLC (KSF), a pivotal player in securities litigation. You’ve got to wonder what dirt might be uncovered here,...

Continue Reading
Chime Joins S&P MidCap 400 Amid Merger Jostle

Updated Category News Views 160

Index Shake-Up: Who's In, Who's Out? Hold onto your hats, folks—big changes are coming to the S&P MidCap 400! Chime Financial Inc. is crashing the party, taking a seat at the table, as NorthWestern Energy Group gets the boot. Now, if that doesn’t grab your attention, I don’t know what will. You've got to appreciate the chaos and opportunities that come with a roster...

Continue Reading
U.S. Virgin Islands Shine With Travel Industry Honors

Updated Category News Views 82

Fora's Hot List and Porthole's Praise In a world where travel hotspots come and go like the tide, the U.S. Virgin Islands (USVI) have cemented their place on the map with recent nods from big-name publications. Landing a spot—from the 'best-stop shop' St. Thomas and chill St. John—on Fora's 2027 Hot List was no small feat. It’s like being the dazzling jewel in a...

Continue Reading

Top 5 Most Recently Viewed Articles

Nvidia's Future Prospects: Key Levels to Watch for Investors

Updated Category News Views 249

Nvidia's Financial Performance and Its Implications Nvidia has once again delivered impressive results with a whopping 94% revenue growth, gaining the attention of investors everywhere. This technology giant, known for its dominance in artificial intelligence, continues to be a leader in the sector. Despite its success, concerns have started to emerge regarding a...

Continue Reading
Explore the Exciting NBA 2K25 DataCast for Fans this Season

Updated Category News Views 150

Introducing the NBA 2K25 DataCast on TNT Sports TNT Sports has stepped up its game for basketball fans with an exciting new initiative surrounding the Emirates NBA Cup. This year, they will present the NBA 2K25 DataCast alternative telecast on truTV and Max, aiming to enhance the viewing experience during crucial tournament moments. Unveiling the DataCast Experience The...

Continue Reading
Hub International Expands Services with ANCO Insurance Acquisition

Updated Category News Views 178

Hub International Strengthens Its Position in Insurance Market Hub International Limited (NASDAQ: HUB) is making significant strides in the insurance sector by acquiring ANCO Insurance Managers, Inc. This strategic move not only enhances Hub's commercial and personal insurance solutions but also deepens its employee benefits offerings. About ANCO Insurance Managers ANCO...

Continue Reading
Leaf Home Bolsters Leadership for Growth: What Investors Need

Updated Category News Views 243

Leaf Home's Leadership Shuffle and What It Means for Investors Let’s break down the latest moves from Leaf Home. After making waves in the home improvement sector, they’ve just appointed Jason Lewinski as Chief Operating Officer and Chad Fenbert as Chief Commercial Officer. Now, if that doesn’t ring a bell for you, it should—these guys are supposed to steer the...

Continue Reading
ASUS Revolutionizes Computing with AI-Driven Innovations

Updated Category News Views 449

ASUS Unveils Innovative Lineup for CES 2025 At CES 2025, ASUS showcased an impressive array of products powered by artificial intelligence, emphasizing its commitment to innovation and sustainable technology. The company’s presentation at its virtual launch event, themed "Always Incredible," served as a platform to highlight how these advancements are designed to...

Continue Reading