In the autumn, Atria acquired 70 per cent of Well Beef Ltd (Kaivon Liha) for EUR 15.3 million. The company specialises in the wholesale of high-quality beef to the industrial sector and the Food Service sector. Consumer categories include frozen, uncooked hamburger patties, meatballs and kebab skewers.
The volume of beef processed by Well Beef is roughly 11 million kilos, and its annual net sales are approximately 40 million. The acquisition complements Atria’s beef supply and creates new opportunities both at home and abroad.