This takeover, the company says, gives Barentz a greater diversity of sources for delivering quality solutions for the meat industry, while Casmo’s suppliers and customers will benefit from the support and knowledge of Barentz’s local technical expertise and its strong global network.

Casmo is said to be strong in casings and smoke condensates for the meat industry, and its products complement Barentz’s broad product portfolio in the food industry, including the meat segment. The takeover will, Barentz believes, generate rapid growth in business for both parties on the Scandinavian market, especially in Denmark and Sweden

CEO of Casmo Oy, Juha Luuppala, said: “Since its foundation, our company has worked hard to create excellent long-term relationships with our suppliers and customers, and to build on our prominent market position in Finland. The next step for the company includes further expansion on the Scandinavian market with new product launches. That’s wher the quality of the Barentz network is crucial.”

Hidde van der Wal, CEO of Barentz, said: “Our strong technical presence in Finland and our local expertise, supported by technical teams and pilot plant facilities, represent a winning combination with Casmo’s current product portfolio. This takeover is a natural fit that will create strong growth for Casmo’s customers and suppliers throughout Scandinavia. I am convinced that all parties involved stand to benefit.”