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Lextal Advises HKScan Baltic Subsidiaries on Mergers and Name Changes

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Lextal has advised Tallegg and Rakvere Lihakombinaat, Estonian subsidiaries of the HKScan group, on a merger and business name change.

The merger of the two created Estonia’s biggest foods production company, HKScan Estonia, although the brands will continue to trade under the “Rakvere” and “Tallegg” marks.

Lextal also advised on the business name changes of HKScan Group’s subsidiaries in Latvia and Lithuania, Rigas Miesnieks (which changed its business name to HKScan Latvia and does business on the Latvian market as “Rigas Miesnieks” and “Jelgava”) and Klaipedos Maisto Mesos Produktai (which changed its business name to HKScan Lietuva and does business in Lithuania under the “Klaipedos Maistas” brand). 

HKScan is a manufacturer of meat foods and products, as well as ready meals and pet foods. It is Europe's fifth largest food manufacturer, and is based in Turku, Finland. 

The total turnover of HKScan’s Baltic Group subsidiaries is EUR 175.1 million, which constitutes approximately 10% of the group’s total turnover.