AAK continues to expand in Turkey and acquires one more brand from Unilever

AAK has signed an agreement to acquire the Turkish frying oil brand Frita from
Unilever. Frita, a market leader in the frying oil segment in Turkey, covers a
significant part of the local Food Service market. The brand had revenues of
approximately SEK 75 million in 2013.

The acquisition should be seen as a natural addition to AAK Turkey’s existing
product portfolio and is an add-on to the Unipro acquisition during the third
quarter of 2013.

“Frita has a very good reputation in Turkey and AAK Turkey already covers 80
percent of the Frita customers with our current bakery distribution”, says
Torben Friis Lange, President Asia, CIS and Middle East. “By acquiring Frita, we
will extend AAK Turkey’s product offerings.”

The impact on AAK’s operating profit is expected to be very limited.


For further information, please contact:

Fredrik Nilsson            Anders Byström
CFO                        Director External Accounting & Investor Relations
Phone: + 46 40 627 83 34   Phone: +46 40 627 83 32
Mobile: + 46 708 95 22 21  Mobile: +46 709 88 56 13


The information is that which AAK AB (publ) is obliged to publish under the
provisions of the Stock Exchange and Clearing Operations Act and/or the Trading
in Financial Instruments Act. The information was released to the media for
publication on July 18, 2014 at 11.30 a.m. CET


AAK is one of the world’s leading producers of high value-added speciality
vegetable oils and fats solutions. These oils and fats solutions are
characterized by a high level of technological content and innovation. AAK’s
solutions are used as substitute for butter-fat and cocoa butter, trans-free and
low saturated solutions but also addressing other needs of our customers. AAK
has production facilities in Belgium, Colombia, Denmark, Mexico, the
Netherlands, Sweden, Great Britain, Uruguay and the US. Further AAK has also
toll manufacturing operations in Russia and Malaysia. The company is organized
in three Business Areas; Food Ingredients, Chocolate & Confectionery Fats and
Technical Products & Feed. AAK’s shares are traded on the NASDAQ OMX, Stockholm,
within the Large Cap segment. Further information on AAK can be found on the
company’s website www.aak.com.