Scandi Standard agrees to buy Glenhaven Foods for EUR 127 million

Reuters2026/07/30 08:02

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Scandi Standard agreed to buy Ireland’s Glenhaven Foods, a producer of frozen breaded chicken products, for an enterprise value of EUR 127 million.
Deal expands the group’s UK and Ireland footprint in ready-to-eat, value-added poultry; closing is expected in Q3 2026.
Consideration includes cash plus an interest-free vendor note worth about one-third of the purchase price, payable within one year of closing.
Financing planned via a rights issue of about SEK 408 million, supplemented by available credit facilities.
Transaction is expected to lift EPS by more than 10%; valued at about 8.2x normalized 2025 EBIT.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scandi Standard AB published the original content used to generate this news brief via Cision (Ref. ID: 202607300400BITN____UKPR__EN_20260730-BIT-2929-0) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Scandi Standard agrees to buy Glenhaven Foods for EUR 127 million

You may also like

Crypto prices