AAK to acquire 75% stake in Russian partner Margaron

AAK to acquire 75% stake in Russian partner Margaron

Swedish vegetable oils and fats producer AAK has acquired a 75% stake in Russia-based NPO Margaron, which produces margarines, spreads, and bakery and confectionery fats. The financial details of the deal were not disclosed. Margaron has been a toll manufacturer to AAK for more than 10 years and had recorded 2019 revenues of nearly SEK […]