The acquisition has been completed today on 1 July 2024. As part of the transaction, Leipurin accelerates expansion beyond the bakery segment in the food industry.
Press release 01 July 2024
As per Aspo Plc press release, Aspo’s subsidiary Telko Ltd has completed the acquisition of Swed Handling AB in Sweden. Aspo announced on 29 April 2024 that Telko expands its chemicals business in Sweden by acquiring Swed Handling AB, a leading Swedish chemical distributor, from TeRa Invest AB. As part of the transaction, Aspo’s subsidiary Leipurin Plc expands its food industry business in Sweden, via the technical food ingredient distributor Kebelco AB, which is a subsidiary of Swed Handling. The transaction has been completed today on 1 July 2024.
“Kebelco is a Swedish food ingredients wholesaler, and an excellent fit to Leipurin. With current revenue of about 10 MEUR, good supplier base, and established customer relations in Swedish food industry, Kebelco gives Leipurin a platform to boost Leipurin expansion beyond the Bakery segment. We will surely utilize Kebelco’s supplier base, product portfolio, and competencies also in Finland and Baltics. We warmly welcome Kebelco’s team into the Leipurin family, and look forward to working together”, Leipurin CEO Miska Kuusela states.
For more information:
Leipurin CEO, Miska Kuusela tel. +358 40 820 1943, miska.kuusela@leipurin.com
Leipurin was originally founded by bakery customers. For this reason, we have a strong understanding of our customers' business – for over 100 years. Today, we offer expertise, raw materials, and expert services in the bakery, food, and foodservice markets, internationally.