Aventum advised owners of Herkkumaa Oy on strengthening the ownership base of the company
Herkkumaa Oy (“Company” or “Herkkumaa”), a family-owned food company, is set to strengthen its ownership base as Finnish private equity investor Korona Invest becomes majority owner of the Company. Entrepreneurs Atte and Kati Rekola, will remain significant owners and key persons in the Company.
Known for its high-quality and delicious food products, Herkkumaa has established its market position in Finland during the last decades. The Company’s roots are in pickled cucumbers, but today, Herkkumaa offers a wide and innovative range of food products, manufactured and sold extensively to retail, HoReCa and other food industry customers. Over the past years, Herkkumaa has consistently invested in its production facilities, improving its processes and level of automation, as well as further enhancing its well-recognized R&D capabilities.
Herkkumaa is a respected player in the Finnish market, and the Company has experienced rapid growth during the past years. The Company’s current position and competitive advantages form a solid foundation for future development. Korona Invest will provide Herkkumaa with stronger resources to take the next step on the Company’s journey and fulfil its ambitious plans in the coming years.
The transaction is expected to close during Fall 2023.
For further information regarding the transaction please contact:
Juha Ruohela
Partner
+358 40 564 8708