Scandi Standard applies for Initial public offering in Sweden

June 16, 2014

Leif Bergvall Hansen, CEO and group president of Scandi Standard, comments: "Scandi Standard is well positioned to take advantage of the expected future growth in the Scandinavian market for chicken-based food products. The Company has established a strong foothold through its history of 60 years market presence. Also, we take pride in offering products that fit in with major consumer trends, such as healthy living, convenience and affordability. This, in combination with our well-known brands, our experienced management team, our strong board of directors and a culture of innovation, makes us confident about the Company’s future. Chicken consumption per capita in Sweden and Norway currently lags that of other developed countries. We have therefore set a goal to get Scandinavians to eat chicken once more per week, an outcome that would create significant growth prospects for Scandi Standard."

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