Scandi Standard — M&A Activity 2016

Mar 15, 2016

Press release 15 March 2016

The share purchase agreement between Scandi Standard and Lagerbergs has been terminated. Scandi Standard pursues alternative ways of securing capacity in the South of Sweden

Lagerbergs has terminated the share purchase agreement between Kronfågel, a part of Scandi Standard, and Lagerbergs. Kronfågel has actively started pursuing alternative ways of securing future capacity.

Further information Magnus Lagergren, Country manager Kronfågel AB: +46 702 55 52 35 Jenny Fridh, Head of Communications Scandi Standard, Kronfågel: +46 730 27 70 18

This press release was issued for publication at 10.40 CET on 15 March 2016

Scandi Standard is the largest producer of chicken-based food products in the Nordic region with leading positions in Sweden, Denmark, Norway and Finland. The company produces, markets and sells chilled and frozen products under the brands Kronfågel, Danpo and Den Stolte Hane. In Norway, eggs are also packed and sold. For more information, see www.scandistandard.com