Sisu Partners has advised Viking Malt Group in arranging the financing package for its strategic investment in Lahti, Finland, to build a new malting house. It is part of the long-term growth strategy of Viking Malt and the investment is very significant, about 90 million euro project, in size. It is one of the biggest investments in Finnish food and beverage industry and in Lahti region during the past 10 years. The production capacity will be ca. 85 000 tons per year. The plan is that the new malting house will start its operation in 2023.
Viking Malt Group has production in 5 countries: in addition to Finland there is a plant also in Sweden, Denmark, Lithuania as well as two plants in Poland. The production capacity is 600 000 t/a and the turnover of the group is appr. 250 million euros and the company employ appr. 250 employees. Viking Malt is the largest malting company in Scandinavia, 5th largest in Europe and 9th in the world. It is the leading company in specialty malt in the global market.