“In order to meet exacting customer demands, we need to continue to lead the way in product and services development and offer the most reliable products on the market. The merged company will be in an even better position to meet future market challenges and create a platform for continued development of our value proposition to our customers”, says Torbjörn Claesson, CEO of Neova.

“Together, we will create a competitive company with big opportunities. Our customers will gain an even better proposition from a sustainability perspective – for example, we will be able to optimise our logistics in an even better way than now”, says Carl von Schantz, Sector Manager of Lantmännen Energi.

Neova is one of the leading bioenergy companies in Scandinavia with a turnover of 1.1 billion Swedish kronor in 2012. The company is part of the Finnish Vapo Group, one of the world’s largest producers of bioenergy. With a product range of pellets, peat and wood, district heating and heating production, Neova meets a significant part of the Swedish market’s bioenergy needs.

Lantmännen is one of the largest groups in agriculture, machinery, energy and food in the Nordic region. Their brands include AXA, Kungsörnen, GoGreen, Hatting, Schulstad and Gooh. The group is owned by 33,500 Swedish farmers, has approximately 8,600 employees, is represented in 22 countries, and has a turnover of SEK 33 billion.

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