Key Developments: AAK publ AB (AAK.ST)

AAK.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

AarhusKarlshamn publ AB appoints Fredrik Nilsson as new CFO and plans organizational changes and name change to AAK
Friday, 17 Jan 2014 02:30am EST 

AarhusKarlshamn publ AB:Says it will adjust the organization to strengthen the organization’s ability to support the execution of its new AAKtion program.Says the aim is to strengthen focus on Asia and consolidate the European sales into one sales organization.Says Asian and European divisions will be established.Says Fredrik Nilsson, Director Group Controlling and Investor Relations, has been appointed Chief Financial Officer succeeding Peter Korsholm.Says Peter Korsholm will continue to work with AAK on special projects part of his time primarily focusing on M&A.Says the change is effective from Jan. 17.Says it has also decided, subjected to approval by the Annual General Meeting to be held in May, to change its legal name from AarhusKarlshamn to AAK.  Full Article

AarhusKarlshamn publ AB and Premier Foods Agree Exclusive Oils and Fats Collaboration and Product Co-Development
Wednesday, 13 Nov 2013 04:00am EST 

AarhusKarlshamn publ AB announced that the Company has been selected by Premier Foods, a British branded food producer, to be its long term co-development partner for the supply of vegetable oils, fats and related food ingredients as part of a new, three-year collaboration. This partnership is a result of Premier Foods Invest to Grow program, which has enabled new opportunities to strengthen and grow relationships with key suppliers.  Full Article

AarhusKarlshamn publ AB Opens Innovation Center in Shanghai
Tuesday, 8 Oct 2013 02:30am EDT 

AarhusKarlshamn publ AB announced that the Company is establishing a center in Shanghai, China, to support the execution of the AAK Acceleration program. The Innovation Center will give customers the possibility to work closely with AAK's Customer Innovation team when developing new products and solutions. The new facility will have primary focus on Chocolate & Confectionery, Bakery and Dairy solutions. The Innovation Center will also offer training at the industry renowned AAK Academies.  Full Article

Aarhuskarlshamn AB Announces Acquisition Of Unipro
Friday, 26 Jul 2013 02:40am EDT 

Aarhuskarlshamn AB announced that it has acquired Unipro from Unilever. Unipro is a supplier of oils and fats to the Industrial and Bakery markets in Turkey and the surrounding region. The acquisition of Unipro includes ten established brands, a core management and sales organization, all related know-how and the Unipro company name for Bakery and Industrial fats. In connection with the acquisition, AAK has entered a 5 years toll manufacturing agreement with Unilever relating to the supply of Unipro products.  Full Article

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