# Chemigate acquires controlling majority of Finnamyl Group

Chemigate Ltd, a member of the Berner Group, acquired a controlling majority of shares in Finnamyl Group, which includes Finnamyl Ltd and Lapuan Peruna Ltd, strengthening its position in domestic potato starch production and the bio-based product market.

- Type: Acquisition
- Announced: 2022-07-01
- Where: Finland
- Status: completed
- Products: potato starch, protein, industrial raw material, food products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Berner Ltd](https://endata.com/companies/55847.md) (investor)
- [Chemigate Oy](https://endata.com/companies/55848.md) (acquirer)
- [Finnamyl Group](https://endata.com/companies/63876.md) (target)
- [Lapuan Peruna Ltd](https://endata.com/companies/63877.md) (target)

## Sources

- [chemigate.fi](https://chemigate.fi/en/berner-daughter-company-chemigate-acquires-a-controlling-majority-of-finnamyl-group/), 2022-07-01: "We see great potential for growth in sustainable Finnish food products and bio-based products, where starch potatoes play a significant role."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.