Poultry company Scandi Standard's Portuguese major shareholder, Grupo Lusiaves, continues to increase its stake in the company. This is revealed in the insider registry of the Swedish Financial Supervisory Authority.

The most recent purchase took place between December 9 and 10, when the company acquired 10,000 shares at a price of SEK 95 per share, amounting to a transaction worth SEK 950,000. The deal was carried out on Nasdaq Stockholm.

As of December 3, Grupo Lusiaves owned 13.85 million shares, corresponding to 20.97 percent of the capital and voting rights in Scandi Standard. This makes Grupo Lusiaves the company's single largest shareholder, according to the ownership service Holdings.

Investment company Öresund, led by Mats Qviberg, is the second-largest shareholder. Together, Öresund and the Qviberg family control a larger stake than Grupo Lusiaves.