The layout of the planned new malting house in Lahti.
Viking Malt Group has announced plans to invest around €90 million to build a new malting house in Lahti, Finland.
The malting company, which sells its products globally to the food, beverage and brewing industries, says that the plant’s production capacity will be around 85,000 tons per year.
Viking Malt plans for the new facility to begin operations in 2023 and says that the project marks one of the biggest investments in the Finnish food and beverage industry during the past ten years.
The modern new plant in Lahti will replace an existing production site which the company has operated for over 130 years. Viking Malt says that the move will enable it to produce a variety of new products on top of its current selection.
Viking Malt Group has production sites in five countries and a turnover of approximately €250 million.
The company is owned by ingredients group Polttimo and Swedish agricultural cooperative, Svenska Lantmännen.
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