Fazer plans to invest €50m in the bakery over the next three years pending the deal’s approval by the Swedish Competition Commission. Fazer Group operates in eight countries and had turnover of €1.2bn last year.
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Fazer agrees Lantmännen bread business acquisition
17-Oct-2008
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Fazer Group has agreed a deal to acquire farmer-owned Swedish cooperative Lantmännen Färskbröd which would make it the second-largest producer of bakery products in Sweden.
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