Danica makes its single largest investment to date

With an investment over EUR 67 million in cakes and potato chips, Danica Pension makes its single largest investment to date, writes the business news service, Finans.

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Danica Pension makes an investment of DKK 500 million (EUR 67 million) in Norwegian-based Scandza, which controls 21 different brands in fast moving consumer goods in Scandinavia, writes Finans.

Norwegian-based Scandza, which controls Bisca and Karen Volf among others, gets a capital injection of more than DKK 500 billion from Danica Pension, which makes it Danica's single largest investment to date.

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