Leipurin Expands In Latvia

Leipurin SIA, a subsidiary of Aspo Group’s Leipurin, has acquired the entire share capital of Latvian company Raugs un citas preces SIA (RCP).

The transaction will give it a strong position in Latvia’s bakery industry, according to Leipurin managing director Matti Vaananen.

“By acquiring RCP, we can combine our strong knowhow with the expertise of a solid local company,” Vaananen said.

He said the company will also be able to act as a partner for bakery customers in production and product development.

”We not only provide them with ingredients, machinery and equipment but also, according to our overall concept, develop the tastes and structures of customer products as well as competence related to production and product developments. Our test bakery is a centre for product development and training,” Vaananen said.