Scandi Standard AB: Grupo Lusiaves Surpasses 20% Ownership

Grupo Lusiaves, the Portuguese food conglomerate, has increased its stake in Scandi Standard AB, a leading poultry producer in Northern Europe, surpassing the 20% ownership threshold. As of June 10, 2025, Grupo Lusiaves holds 13.23 million shares, equating to 20.03% of the company’s capital and voting rights, according to a flagging announcement.

This move marks a significant increase in Grupo Lusiaves’ investment in Scandi Standard, which it began acquiring in 2022. The company has been steadily purchasing shares over the past year, demonstrating a strategic interest in expanding its influence within the poultry industry.

Scandi Standard AB, listed on the Swedish Stock Exchange, operates within the Consumer Staples sector, specifically in the Food Products industry. As of June 12, 2025, the company’s share price closed at 92.3 SEK, with a market capitalization of 6.22 billion SEK. The company’s price-to-earnings ratio stands at 22.71.

In addition to Grupo Lusiaves, other significant shareholders include the investment firm Öresund and the Qviberg family, as well as the food company Lantmännen. Despite Grupo Lusiaves’ increased stake, the Qviberg family remains the largest shareholder through Öresund and private holdings.

Grupo Lusiaves’ recent acquisition of 29,029 shares at 93.22 SEK per share, totaling 2.7 million SEK, underscores its ongoing commitment to increasing its stake in Scandi Standard. This strategic move is part of a broader trend of consolidation and influence within the poultry sector, as major stakeholders vie for control.

The increase in ownership by Grupo Lusiaves has sparked interest and speculation about potential shifts in Scandi Standard’s strategic direction and governance. As the company continues to navigate the competitive landscape of the food products industry, the involvement of a major international player like Grupo Lusiaves could signal new opportunities and challenges ahead.