Atria-owned Valga Lihatööstus acquires Estonian pig farm

09/11/2005

Finnish Atria Group plc's Estonian subsidiary AS Valga Lihatööstus has signed an agreement for the purchase of a pig farm, OÜ Linnamäe Peekon, in Estonia. The farm, approximately 100 km west of Tallinn with 600 sows housed in its 515 hectares, is privately-owned and the purchase price was not disclosed.

The acquisition is aimed at helping Atria further develop its production of pork in Estonia. Valga already owns cattle and pig farms in Tartu. The company currently produces some 30% of the pork and 10% of the beef processed at its facilities.

Valga aims to increase production to some 5,000 - 5,500 sows in just over two years, which will increase the number of slaughter pigs to approximately 120,000.