December 15, 2017 9:38 PM ET

Food and Staples Retailing

Company Overview of Leipurin Oyj

Company Overview

Leipurin Oyj supplies raw materials, machines, and equipment in Finland, Russia, Poland, Estonia, Latvia, Lithuania, Ukraine, Kazakhstan, and Belarus. The company offers basic products, such as flours and flakes, margarines, fats and oils, raising agents and yeasts, flour mixtures, enhancers and agents, additives, sugars and sweeteners seeds, almonds and nuts, processed dairy and chicken eggs, processed fruit and berries, fillings, glazing and decorative substances, spices, flavoring and salts, frozen pastries and pastry moulds, pastries and moulds, moulds, pans and trays, tools, packing equipment, and decorations. It also provides specialty products, including custom client-based products, ...

Tahkotie 1 E 2

Vantaa,  01530

Finland

Founded in 1920

292 Employees

Phone:

358 95 2170

Fax:

358 9521 2121

Key Executives for Leipurin Oyj

Managing Director
Age: 44
Chairman and Chief Executive Officer of Aspo Plc
Age: 56
Managing Director of OOO Leipurien Tukku
Deputy Managing Director, Vice President and Director of Finnish, Baltic & Polish Operations
Vice President of Emerging Markets
Age: 60
Compensation as of Fiscal Year 2017.

Leipurin Oyj Key Developments

Leipurin Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016

Leipurin announced unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net sales of EUR 30.7 million compared to EUR 31.5 million for the same period a year ago. Operating profit was EUR 0.7 million compared to EUR 0.4 million for the same period a year ago. For the full year, the company announced net sales of EUR 112.7 million compared to EUR 117.8 million for the same period a year ago. Operating profit was EUR 2.0 million compared to EUR 2.4 million for the same period a year ago.

Leipurin Plc Announces Management Changes Effective January 1, 2017

Starting from January 1, 2017, Esa Rautalinko (M.Sc. (Econ.)), 53, Chairman of the Board of Directors of Cinia Group Ltd., has been appointed to the Board of Directors of Leipurin Plc. Previously, he has worked as the CEO of VAASAN Group Ltd. and of Honkarakenne Plc and as a President and Country Manager, SVP Mobility Services at TeliaSonera Finland Plc. Matti Lappalainen (M.Sc. (Econ.)) has announced that he will step down from the Board of Directors of Leipurin.

Leipurin Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Leipurin announced unaudited earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net sales of EUR 27.0 million and operating profit of EUR 0.4 million against net sales of EUR 28.3 million and operating profit of EUR 0.8 million a year ago. For the nine months, the company reported net sales of EUR 82.0 million and operating profit of EUR 1.3 million against net sales of EUR 86.3 million and operating profit of EUR 2.0 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 31, 2017
Leipurin Oyj, Meat Industry Unit
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