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HKScan Merges Estonian Subsidiaries

04 June 2014

ESTONIA - As a further step in an ongoing process to clarify and streamline its legal structure, HKScan has on 2 June 2014 merged its two Estonian subsidiaries, AS Rakvere Lihakombinaat and AS Tallegg, to form AS HKScan Estonia.

In compliance with guidelines finalized in summer 2013, HKScan has on 30 May 2014 changed the name of its Latvian subsidiary AS Rigas Miesnieks to AS HKScan Latvia and on 27 May 2014 its Lithuanian subsidiary UAB Klaipedos Maisto Mesos Produktai to UAB HKScan Lietuva.

These changes have no impact on the standing or identity of existing product brands. The merger is purely of a legal nature and have no impact on employees.

The new naming structure is intended to clarify the HKScan brand strategy and strengthen the Group identity both internally and externally.

These policy changes follow in the wake of strategic and organizational reforms initiated in 2012 to improve HKScan’s profitability and operational efficiency and to build a stronger, unified corporate culture.

TheMeatSite News Desk

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