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Scandi Standard Acquires Huttulan Kukko Oy’s Business in Finland

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STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Scandi Standard (STO:SCST) has concluded an agreement to acquire Huttulan Kukko Oy’s (Huttulan) business in Finland. The agreement is conditional upon receiving certain bank and supplier consents, which are expected within a few weeks. Scandi Standard will pay a price of €10m now, of which €5m is debt assumed. The price may increase to €13m over five years, depending on future performance. Huttulan started operations last year in a newly built facili

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