Oy Snellman Ab
| Date: | 11.3.2026 |
|---|---|
| Country: | Finland |
| Customer: | Oy Snellman Ab |
| Amount in EUR: | EUR 30 million |
| Maturity: | 7 years |
| Business sector: | Connectivity & Consumer |
Project
The loan has been provided to Oy Snellman Ab to finance investments in a new pet food factory and in a planned dispatch facility in Ostrobothnia in Western Finland. The total investment cost amounts to approximately EUR 50 million and includes a new pet food factory in Pedersöre and a new dispatch logistics centre connected to Snellman Group’s food production facility in Pietarsaari. The investments will increase capacity, improve operational efficiency through automation and enhance energy efficiency.
Fulfilment of NIB's mandate
The financing supports a fast-growing Finnish mid-cap company and contributes to improved productivity through increased automation, higher capacity and more efficient logistics.
Impact indicators related to the loan:
- Capex mEUR
- Gross area
Sustainability summary
The investments replace ageing facilities with more energy-efficient buildings and processes. Environmental impacts are considered neutral, as higher production volumes are offset by improved energy efficiency and better utilisation of by-products.
