# Finnish firm looks to revitalise port with $5m fishmeal factory purchase - Undercurrent News

> A Finnish company is buying a fishmeal factory for about $5 million as part of a plan to revitalise a local port. The deal is a corporate asset purchase rather than a change in market supply.

- Date: 2022-03-14 · published 2022-03-14T12:00:00.000Z
- Category: market · region Finland · magnitude low
- Page: https://feedsoft.ai/events/42368-finnish-firm-looks-to-revitalise-port-with-5m-fishmeal-factory-purchase
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

The acquisition adds modest processing capacity in Europe but is too small to move fishmeal prices on its own.

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2022/03/14/finnish-firm-looks-to-revitalise-port-with-5m-fishmeal-factory-purchase/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.