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Valio acquires Raisio’s plant protein business in €7m deal Valio has acquired Raisio’s plant protein business including the Härkis and Beanit fava bean brands and related fixed assets includes the production equipment at Raisio’s plant protein factory in Kauhava The acquisition strengthens Valio’s position in the plant-based protein market The company has been expanding beyond dairy with executive vice president Tuomas Salusjärvi stating that the future of food will involve a mix of plant-based animal-based and cellular agriculture products Salusjärvi said: “The food system of the future will include plant-based and animal-based food as well as food produced by cellular agriculture All of these are needed to provide enough food for a globally growing population This is the foundation of Valio’s strategy which sees us growing from a dairy company into a food company." "This business acquisition is one step on our path of growth A strong and innovative product selection has been Valio’s foundation for 120 years we as a food company are now also investing in growth in foods based on other raw materials." Valio has previously invested in plant-based proteins, acquiring the Gold&Green business in 2022 and launching new products under the brand The acquisition of Raisio’s plant protein business will allow Valio to further develop its product range and expand its production capacity added: “This business acquisition will make us an even more significant developer and producer of plant-based protein products The demand for these products will grow in the long term and a great deal of growth potential still remains." we acquired the Gold&Green business and we have been carrying out strong product development and renewed the brand sales in the last quarter of 2024 increased by about 50% from the previous quarter we are building our own production capacity The production equipment of the Kauhava factory is just right for our needs and situation." Valio's plant-based protein range already includes the Gold&Green brand which offers ready-to-use plant protein products and raw materials for professional kitchens and the food industry The company also produces MiFU protein products made from Finnish milk and launched in 2016 Operations related to the Härkis and Beanit brands will continue as usual for now The acquisition is expected to be finalised in March at which point the assets and employees will officially transfer to Valio Get in touchWould you like to be interviewed by FoodBev Media or share a recent innovation with us?  Click here to contact us who joined the Finnish food group as CEO in June is dedicating a divisional unit to new business Finnish health food group Raisio has laid out a three-year strategy to boost revenue and profits with M&A and new categories to play a part The owner of the Benecol cholesterol-fighting yogurt and spreads brand has set a goal to achieve €250m ($271.3m) in sales by the end of 2027 representing a more than 10% increase in organic terms from last year’s print of €227m Under the steer of CEO Pasi Flinkman, who joined the publicly-listed business from Finland peer Orkla last June Raisio is targeting EBIT of €30m over the strategy period around 28% more than the €23m recorded in 2024 and a third to concentrate on new business the Elovena granola oatmeal and oat drinks brand owner seeks to outpace market growth “The markets of breakfast and snack products as well as heart-healthy products in Europe are growing by approximately 2−3% per year and Raisio is seeking to grow faster than the market,” the company said today (13 March) Don’t let policy changes catch you off guard Stay proactive with real-time data and expert analysis “This can be achieved by increasing the company’s market shares as well as through geographic expansion and corporate acquisitions,” which In addition to Benecol yogurt drinks and kefir Raisio also owns the Torino pasta brand and the Nalle porridge line The business also supplies the B2B sector with oat-based ingredients “Raisio has strong expertise in gluten-free oat of which the company is one of the most significant producers in Europe and this position will be bolstered further,” the company said The new organisational structure is expected to be put in place in the first half of 2025 but the first-quarter results will reflect the old set up Flinkman said: “We want to be a consumer-oriented European innovator that promotes the food transition with new products as well as plant-based foods and ingredients “Our goal is to grow faster than the market organically we will utilise our strong balance sheet more efficiently to accelerate growth This entails opportunities to implement targeted acquisitions and investments in research activities.” Raisio said it will initiate talks with around 200 employees in the process Flinkman aims to “harmonise reporting and management responsibilities” while allocating more resources to M&A Since Flinkman came on board, Raisio has sold its Härkis and Beanit plant-based protein brands to fellow Finnish food group Valio but has so far not instigated any M&A “Besides supporting existing business operations and organic growth research activities will focus on developing new business opportunities as well as solutions related to fullness and weight management,” Raisio said “The company is planning to invest in its product development centre and will also contribute to international research and start-up collaboration.” Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation This is your chance to showcase your achievements Don't miss the opportunity to be honoured among the best - submit your nomination today Give your business an edge with our leading industry insights View all newsletters from across the GlobalData Media network the related fixed assets and the Härkis® and Beanit® fava bean brands for EUR 7 million The fixed assets include the production equipment of the factory that makes plant protein products in Kauhava Valio’s Executive Vice President Tuomas Salusjärvi said: “The food system of the future will include plant-based and animal-based food “This is the foundation of Valio’s strategy which sees us growing from a dairy company into a food company This business acquisition is one step on our path of growth we as a food company are now also investing in growth in foods based on other raw materials.” said: “This business acquisition will make us an even more significant developer and producer of plant-based protein products and a great deal of growth potential still remains we acquired the Gold&Green® business and The production equipment of the Kauhava factory is just right for our needs and situation.” The voice of the industry With over 60,000 readers throughout the UK and Europe Food & Drink International is the most comprehensive medium for your company No other magazine can guarantee such high profile coverage Contact us: fdi@blmgroup.co.uk © Food & Drink International - Part of the Business Link Magazine Group By continuing to use the site, you agree to the use of cookies. more information Accept The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this Close Consumers have once again chosen Elovena® as Finland's most sustainable brand according to the Sustainable Brand Index The study maps Finns’ perceptions of brand sustainability Elovena brand’s sustainabiity actions are part of Raisio Group's long-term sustainability work with its focus on concrete sustainability actions and examines the sustainability of our products throughout the value chain from ingredients through production to consumers' plates The Sustainable Brand Index measurement does not directly take a position on the actual sustainabiilty of brands – the study examines Finns' perceptions of brand sustainability sustainability means that you can always choose Elovena products with a good conscience and trust in making a good choice success in this study shows that people have huge expectations of Elovena sustainability This inspires us to continue our daily work promoting domestic sustainable food chain,” comments Mervi Nieminen Marketing Manager at Elovena & local heroes At the heart of Elovena products are healthy and tasty oats which we source directly from contract farms in southwestern Finland and Pirkanmaa in Central Finland We have worked closely with Finnish farmers for over 80 years and many farms have been our contract farmers for several generations Our environmental goals include promoting sustainable farming which helps us to collect data for carbon footprint calculations of our raw materials and reducing environmental impact environmental actions are also part of our everyday work All of our factories have operated with carbon-neutral energy since December 2023 we also started calculating Raisio’s indirect carbon dioxide emissions (Scope 3 calculations) and working to reduce emissions in the value chain we have reacted to the growing demand of sustainable and healthy plant-based products by introducing in stores our delicious oat products produced at our Raisio factory Puddings and Snack Drinks encourage great tasting plant-based eating that is good for your health and the environment All Elovena product packaging is recyclable Head of Elovena & Local Heroes Marketing with the aim of bringing health to ourselves and the Earth We keep creating better plant-based and heart-healthy products so that eating healthily and within the Earth’s ecological capacity can be a pleasure so that they can choose Raisio products with confidence We have around 350 healthy food colleagues in seven countries and export to more than 40 markets around the world Raisio's shares are listed on Nasdaq Helsinki Ltd known for its Beanit® and Härkis® products which have achieved a market leading position in Finland and Verso Food’s expertise support the key growth targets of Raisio Group together with Kavli Holding AS and Kavli Oy (later “Kavli”) have on 1 April signed an agreement under which Raisio will acquire the entire share capital of Verso Food Oy from Kavli The debt-free purchase price is EUR 7 million in cash and 1 million shares of Raisio’s V-shares The portion to be paid in shares will be implemented as a directed share issue The terms and conditions and other more detailed information related to the share issue can be found in Raisio’s stock exchange release The transaction does not require approval from the competition authorities Verso Food was founded in 2010 and is known for its fava bean products Its sales have grown strongly in recent years Verso Food’s net sales increased almost 20% to approximately EUR 8 million Due to large investments and strong sales efforts Verso Food’s business is still unprofitable Verso Food ended the year 2019 with a loss of ca EUR 3.6 million and the year 2020 with a loss of ca Raisio has been preparing a comprehensive value creation and integration plan to ensure both the continuation of rapid growth and also the improvement in profitability Verso Food employs some 30 food industry professionals who will be transferred to Raisio Group as old employees following the acquisition Plant-based value-added products are at the heart of the strategy ”The acquisition we are announcing is an excellent fit for Raisio’s strategy One of our key strategic targets is growth built on plant-based value-added products we will achieve leadership in the rapidly growing plant-based protein market in Finland,” says President and CEO of Raisio we will also gain production technology that complements our strategic capabilities as well as product development and marketing expertise I would like to warmly welcome our new colleagues to the Raisio family,” Kuusniemi continues Verso Food targets growth in the international market we have invested heavily into expanding the success story of plant protein-based foods to international markets we are significantly stronger and better positioned to accelerate our international expansion we are more than the sum of parts,” says Verso Food’s CEO Tomi Järvenpää “In line with Kavli’s revised strategy we will focus on plant-based products We sincerely believe that Raisio is a great new owner for Verso Food and will help the company to grow both in Finland and outside of Finland,” says Kenneth Hamnes Verso Food Oy will be included in Raisio’s financial figures as of 1 April 2021 Approximately 80% of the company’s sales come from consumer products so it will be reported as part of Raisio’s Healthy Food segment 20% of Verso Food’s sales are HoReCa and industrial sales which are planned to be reported in the Healthy Ingredients segment The acquisition will not affect Raisio’s guidance for 2021 The company still estimates that Raisio’s net sales will grow in 2021 from the level of the comparison period (net sales in 2020: EUR 233.6 million) and that the costs accrued as a result of our front-loaded growth investments will put pressure on our profitability in 2021 compared to the 2020 Raisio is currently updating its strategy for the period 2022-2025 The company will announce its updated strategy in more detail at the Capital Markets Day scheduled for the latter part of the first half of 2021 The covid-19 pandemic might affect the time schedule and other details on announcing the updated strategy Raisio will also share more information about the role that the new production facility under construction in the company’s industrial area in Raisio Finland will have in the company’s strategy Finnish food group Raisio has acquired plant-based manufacturer Verso Food from its Norway-headquartered owner Kavli which bought the fava bean product maker in 2019 said the agreement has been signed today (1 April) with Kavli for the debt-free purchase price of EUR7m (US$8.2m) along with one million of what the Finnish company referred to as its V shares based in Espoo in the south of Finland near Helsinki and is regarded as one of the major plant-based producers in the country with fava bean meat-replacement products under its Beanit and Härkis brands The company has a manufacturing facility in Kauhava The business generated sales last year of EUR8m Helsinki-listed Raisio said in a statement this morning Raisio set out its stall on plant-based foods in 2019 with a EUR45m investment including the construction of a dedicated facility in the south-west Finnish town carrying the same name document.write('');Alchemer - A data insights platform. Please take my survey now Verso Food posted a loss last year of EUR4.5m widening from EUR3.6m in the previous 12 months Its 30 or so employees will transfer over to Raisio we are significantly stronger and better positioned to accelerate our international expansion," said Verso Food's CEO Tomi Järvenpää we have invested heavily into expanding the success story of plant protein-based foods" overseas Kavli's CEO Kenneth Hamnes added that as part of the company's revised strategy The company also produces dairy-alternative products Raisio plc’s Board of Directors has appointed Pasi Flinkman as the new Chief Executive Officer of the company Flinkman will start as CEO of Raisio plc on June 15 He joins Raisio from Orkla Finland where he has been working as the CEO Chairman of the Board of Directors of Raisio Arto Tiitinen: ”Pasi Flinkman has strong experience in the food industry and he has also gained international experience by working in China Flinkman brings significant expertise to Raisio and he has generated growth developed his team and delivered strong financial results Raisio has good shareholders and employees and foundation ready for further growth One of his most important tasks in Raisio will be to generate business growth I’m confident that Pasi has all the prerequisites to lead Raisio forward I would also like to thank Pekka Kuusniemi for his dedicated work for Raisio during the years.” "Raisio is a fascinating combination of roots deep in Finnish fields great capacity to renew and strong expertise Raisio has shown courage by making big investments expanding internationally and innovating with open mind I look forward to join this great team” 2024 Raisio announced that Pekka Kuusniemi who has been leading the Raisio Group as CEO since November 2017 has decided to leave the company and will continue as CEO until June 15th Attachments: Pasi Flinkman’s CV and photo The group cited the “changed business environment” for the changes part of a long-term “transformation program” which began last August Finnish health food company Raisio Group has reshuffled its executive board and axed two top jobs citing the “changed business environment” for the redundancies Two have been appointed to the committee and its work “reorganised” the company said in a statement released today (13 April) Chief customer officer Iiro Wester and chief people officer Taru Ämmälä will leave the business and their positions will not be filled Ämmälä joined the group in 2021 following almost 17 years in HR at Finnish limestone supplier Nordkalk Corporation long-term transformation program” at the Benecol brand owner which began last August It follows divestment of the publicly listed group’s Russian sales company and fish feed business Rasioaqua last March Raisioaqua shipped about 65% of its production output to north-west Russia Raisio also exported consumer packaged foods to Russia At the time the financial impact from the export stoppage was expected to be around a 15% hit to group sales but in its full-year report (released 8 February) the group said Russia had accounted for 20% Olavi Erkinjuntti and Reetta Kivelä both join the committee as chief development officer and chief innovation officer Erkinjuntti has been with the firm for a decade and is also in charge of HR co-founder and previously chief information officer at plant-based food-tech startup Nordic Umami Company described Raisio as “the vanguard of the food transition” She said: “Raisio has proven to be a true pioneer in sustainable food and I believe that the three pillars of its strategy – oats plant stanols and plant proteins – have a lot of potential that we can tap into to accelerate the transformation of the food system.” Under the company’s revamped three-year growth strategy it aims to grow combined net sales from three strategic focus areas (Benecol and plant stanol ester solutions and plant proteins) by an average of 11% each year until 2025 It hopes to grow group-wide net sales by 9% annually It said initial profitability had been challenged by investment in a new production facility and acquisition of Finnish plant-based food company Verso Food in 2021 In 2022 the group’s net sales totaled €220.8m ($243.2m) Comparable EBIT decreased by 13.7% to €18.4m the company said the year had been “definitely one of the most challenging in Raisio’s 84-year history” “Russia’s war of aggression in Ukraine… together with the unprecedented surge in grain raw material prices had a major impact on our profitability in the first half of the year,” it said “The divestment of the Russian sales company in April and the transfer of Raisioaqua to discontinued business operations in May made it necessary to look at the company’s operations from a new perspective “To accelerate the implementation of the strategy we launched a comprehensive change programme in early August in December Raisio updated its long-term financial goals until 2025.” Rasio has production facilities in Finland and operates in ten other countries Finland-based food group Raisio has appointed Orkla executive Pasi Flinkman as its new CEO Flinkman will take the reins from Pekka Kuusniemi who has been at the helm of the Benecol brand owner since 2017 Kuusniemi, who announced his departure last month Flinkman will step in as CEO with immediate effect where he acted as CEO for its Finnish confectionery and snacks unit Orkla Suomi which manufactures the licorice and chocolate brand Panda and Taffel crisps chair of the board of directors at Raisio said Flinkman was picked for his “strong experience in the food industry” and “international experience” “Flinkman brings significant expertise to Raisio and he has generated growth developed his team and delivered strong financial results,” Tiitinen said He added: “One of his most important tasks in Raisio will be to generate business growth I’m confident that Pasi has all the prerequisites to lead Raisio forward I would also like to thank Pekka Kuusniemi for his dedicated work for Raisio during the years.” Flinkman said he saw Raisio as “a fascinating combination of roots deep in Finnish fields great capacity to renew and strong expertise” He added: “Raisio has shown courage by making big investments He takes over the Elovena oatmeal producer at a point when it has seen stagnating sales resulting in it abandoning 2022-2025 growth targets The company’s annual net sales plateaued in 2023 which it attributed to the growing consumer shift to cheaper products EBIT in the 12 months increased 6.8% to €19.1m but booked an annual decline of 47.6% in the three months ended December Speaking to Just Food at the time of the release of its financial results CFO Mika Saarinen said he expected competition from private label to remain a major headwind and especially in the dire times as we are living now “I don’t know whether it’s able to grow much further in the short term but at least it’s there as a one alternative for customers New markets have opened up for the iconic Elovena® brand with Albert Heijn the largest supermarket chain in the Netherlands adding Raisio’s Elovena® oat drinks to its assortment in both the Netherlands and Belgium in February 2024 This is an important step for the international expansion of Elovena® products and has been under preparation for a long time Three Elovena® products will be made available in Albert Heijn supermarkets in February: Elovena® Oat Drink Elovena® Oat Drink Barista and Elovena® Cocoa Snack Oat Drink “Bringing these products to the leading retailer in the Netherlands is a major achievement as we have been working on the international expansion of the brand for a long time Launching new food brands into new markets is not simple even under normal circumstances and the global economic situation in recent years has added to the challenge achieved through the efforts of a wide team at Raisio,” says Pekka Kuusniemi Albert Heijn is the best-known retailer and a market leader in the Netherlands with a long tradition going back more than 130 years Elovena® products will be available in 715 stores in the Netherlands and about 30 stores in Belgium The Netherlands and Belgium are natural export destinations for Elovena® products the consumption of plant-based foods is already significantly higher than in Elovena’s home market Finland and oat-based products are driving category growth the main market for Elovena® products is Finland but Raisio aims to increase the brand’s international footprint The oat drink products exported to the Netherlands and Belgium are made from Finnish oats in the plant-based products factory completed in 2021 in the Raisionkaari industrial area The factory plays an important role in Raisio's strategy: it has enabled the introduction of non-dairy product categories to Raisio's product range “We aim to establish a permanent position for our oat products in markets much larger than Finland and achieving this position will require a great deal of work and investments Achieving market positions in competitive consumer markets is expensive and comes with a certain risk but we believe that the strong Elovena® brand has a lot to offer also on a global scale,” Kuusniemi says The Dutch have a positive image of Finland and the Nordic countries Elovena® advertising taps into the unique Finnish happiness and the positive exotic image that the local consumers have of Finns The Elovena® brand will be one hundred years old in 2025 The essence of the best-known oat brand in Finland has remained unchanged throughout the decades: delicious products made from Finnish oats and pure Finnish nature The brand’s roots stretch back to 1925 and the Raisio Group acquired it in the 1990s The brand and its product range have evolved and with the growing popularity of healthy plant-based food the brand has become more relevant than ever by expanding its range with oat-based alternatives to dairy products The Elovena® drinks launched in the Dutch and Belgian markets have already established a strong foothold in Finland but the great taste of Elovena® endures Kuusniemi described his experience at the company as “very interesting and the times very challenging” the CEO of Finland-based food group Raisio has announced he will be leaving the Elovena owner in June Kuusniemi added he felt it was “the right time… to look at future opportunities because I can leave the company in a strong state and ready to grow” “The current financial year is my seventeenth at the head of an international industrial company,” he added “I am very confident that my experience will continue to be useful the management team and the entire staff and wish them continued success.” Just Food has asked Kuusniemi to provide more details on his next steps He had been working at the Benecol owner since 2017 having come from an executive position at Finnish bathroom and kitchen supplier Oras Group Raisio has already started its search for a new CEO to lead the company Raisio chairman Arto Tiitinen said: “During his term as CEO Pekka Kuusniemi has built a solid foundation for the company based on purpose and values “He has successfully led the company through the pandemic period the challenges caused by the Russian war of aggression for the company and restored profitability despite high inflation I wish him the best of success in the future.” Raisio lost approximately 20% of its net sales in 2022 following its suspension of export activities to Russia as a result of the conflict in Ukraine Kuusniemi’s exit comes a day after the company released its latest fiscal results for 2023 and announced it would abandon its 2022-2025 growth targets Raisio’s net sales plateaued year-on-year in 2023 EBIT for the 12 months was up 6.8% at €19.1m but saw an annual decline of 47.6% in the three months ended December Kuusniemi described the likelihood of hitting the targets “through organic growth” as “unrealistic” Part of the reason behind Raisio’s flat growth was the increasing competition from private label Speaking to Just Food following the results CFO Mika Saarinen said it was likely the pressure from consumers shifting to cheaper own-brand products would remain Stock Exchange Release 1 March 2023 at 8:30 an internationally renowned food innovator and Doctor of Science in Food Technology has been appointed Raisio’s Chief Innovation Officer and a member of the Executive Committee Kivelä will take over the leadership of Raisio’s research and product development organisations The creation of the new Executive Committee position will strengthen the role of innovation in the Raisio Group Kivelä is known for her work on the development of a sustainable food chain in both startups and academia Kivelä’s current full-time roles include CIO at Nordic Umami Company and professor of practice at the University of Helsinki she has been involved in creating an innovation platform on sustainable food systems for researchers and students Kivelä will assume a full-time role at Raisio “Raisio’s competitive success requires a strong investment in differentiating innovation and Reetta Kivelä’s undisputed expertise and strong track record will help fuel our international growth The roles of research and product development in our megatrend-driven strategy will be further emphasised,” says Pekka Kuusniemi “It is a pleasure to join the Raisio team to work in the vanguard of the food transition Raisio has proven to be a true pioneer in sustainable food and I believe that the three pillars of its strategy – oats plant stanols and plant proteins – have a lot of potential that we can tap into to accelerate the transformation of the food system Raisio’s purpose and strategy appealed to me greatly when the opportunity to work on new innovation presented itself,” Reetta Kivelä says Finnish food group Raisio has unveiled specific targets under a new four-year strategy plan Raisio has set out a new four-year strategy in which the Finnish food group is targeting organic growth of 5% and to accelerate growth in plant-based products Animal-alternatives are one of three elements within the 2022-25 plan along with investments in Raisio’s Benecol brand internationally particularly in the area of products containing stanol ester a chemical compound said to lower cholesterol levels a claim the company noted has been approved by the European Commission Raisio said it will explore other potential health benefits through R&D The third focus area is on value-added oats and ingredients where Raisio plans to expand its offering globally through consumer channels and with B2B customers Raisio as a group is aiming to achieve a 5% increase in organic sales based on a compound annual growth rate and is targeting a 7% CAGR for the three focus areas which it said generated combined net sales in 2020 of EUR157m versus the group total of EUR234m Those sales numbers for the calendar fiscal year were down 1.2% Raisio aims to achieve a comparable EBIT rate of more than 10% of group net sales in 2025 The same metric came in at EUR27.7m last year an increase of 1.8% and accounting for 11.9% of net sales CEO Pekka Kuusniemi said in a statement this morning (10 June): “During the last three years we have invested nearly EUR65m in increasing our production capabilities and expanding our product portfolio Now it is time to take the next strategic step and focus on growth “The Raisio of the future is a growing company with strong value-based leadership and its long-term success is enabled by skilled and committed personnel.” Raisio is poised to expand its plant-based portfolio with new products due to launch in August and September cooking products and “healthy” snacks under its Finnish oat brand Elovena The Helsinki-listed company said it “aims to be an innovative profitably growing and increasingly international house of brands which produces healthy and sustainably produced food products and ingredients for domestic and foreign consumers Raisio is once again making additional investments in Nokia mill Energy and water company Adven is implementing a new heating plant at the site which will use the by-products generated in the mill's production as fuel Nokia's mill will be carbon neutral and at the same time energy costs will be reduced all of Raisio's own production facilities will be carbon neutral in terms of energy production Raisio Group responds to the increased demand for oats and invests in the international market for the oats business the company has made investments of approximately EUR 8 million in the Nokia mill which is one of the largest oat mills in Finland Nokia mill manufactures flakes of the Elovena Nalle and Nordic brands as well as rye flour for the bakery industry Currently Nokia's mill's energy production emits about 1,000 tonnes of carbon dioxide per year "Adven has been our partner at Nokia for a long time so it was natural to continue cooperation with them Our goal is to replace fossil fuels with renewable energy always when ecologically and economically viable the new heating plant will also bring us cost savings," says Jukka Heinänen Healthy Ingredients Unit and Operations at Raisio Group "It is great to continue the long-term partnership with Raisio and together to be able to implement significant emission reductions which support both Raisio's and Adven's responsibility goals," Elli Ikonen Energy solutions are a key part of Raisio's responsibility program which aims for carbon neutrality in production by the end of 2023 Adven has also set a goal to reduce 200,000 tonnes of CO2 emissions of both its own and its customers' energy production by 2024 Use of side streams in energy production is becoming more common In addition to the environmental and cost saving benefits the advantage of the new heating plant is that the fuel no longer needs to be transported from elsewhere and they can be recovered and harnessed for new uses: as raw materials energy production utilising side streams as a fuel increases energy self-sufficiency and the industry is not dependent on changes in fuel prices "There is a clear trend that the by-products generated in production are used in energy production which favors local circular economy in an excellent way is constantly looking for opportunities to take advantage of various side verses so it is easier to produce energy from fuels that were not previously suitable for energy production," Ikonen says One of the key objectives of Raisio’s sustainability programme has been to make its own production carbon-neutral by the end of 2023 This important objective was achieved at the end of the year resulting in all of our factories running on carbon-neutral energy from the beginning of December 2023 onwards The solutions were found by developing operations and processes One of the key objectives of our responsibility programme is to make our own production carbon-neutral Our goal has therefore been to find carbon-neutral solutions for our own production by the end of 2023 The guiding idea has been to change operations and processes in such a way that the energy needs of production are actually met by using renewable energy and there was no need to resort to carbon offsets The last missing piece was the Kauhava factory which was acquired by the Raisio Group in spring 2021 The Kauhava factory’s transition also required the cooperation of several parties as the steam used in its production is generated by the facility itself while the heat for the property is provided by a district heating company Kauhava’s electricity needs will be covered by the Raisio Group’s joint electricity contract The Kauhava factory switched to biofuel for the steam needed in production in March 2023 The carbon-neutral solution for the property’s heat production was found in cooperation with our partners The district heating is provided by Kauhavan Kaukolämpö Oy but the heating energy solutions for the premises are in the hands of Kauhavan Yrityskiinteistöt Oy Both parties responded positively to our request and set about organising a carbon-neutral district heating alternative A carbon-neutral solution for the factory’s heat production was found when Kauhavan Kaukolämpö Oy signed up its heat production to the energy guarantee of origin scheme we can be sure that the Kauhava factory site is heated with heat produced from renewable wood chips The inclusion of district heat in the guarantee of origin scheme was important for Raisio as we are committed to the use of carbon-neutral energy Since Russia launched its invasion of Ukraine in 2022 district heating companies have faced difficulties in sourcing energy and at times may have had to rely on peat or fossil fuels so it set out to find a solution together with experts from Kauhavan Kaukolämpö Oy and Kauhavan Yrityskiinteistöt Oy “The request for carbon-neutral district heating came from us at Raisio We discussed possible solutions together with our partners The district heating was already largely produced with bio-based energy It was also the last missing piece in our otherwise carbon-neutral energy mix This district heating project is an excellent example of companies’ ability to make a difference; the solutions are there if you work together to find them we have found carbon-neutral solutions for three different production locations and nine different energy sources Bio-based energy solutions have also secured our cost-effective energy supply during the energy crisis,” says Raisio ESG Manager Katri Järvinen-Wilén Kauhavan Kaukolämpö Oy's inclusion in the guarantee of origin scheme allows companies in the area to use heat certified as renewable in their buildings and production “This will allow us to be involved in creating better operating conditions for companies in the Kauhava area Kauhavan Kaukolämpö Oy's heat production has long been largely based on renewable energy sources and the recovery of waste heat the certification of the production as renewable did not require any investment and we are able to offer heat certified as renewable at a very affordable price The price difference between conventional district heat and heat certified as renewable is only EUR 0.25/MWh which covers the registration fees and costs of certification,” says Juho Lahtinen Managing Director of Kauhavan Kaukolämpö Oy Kauhavan Kaukolämpö Oy had already considered joining the register of guarantees of origin before but the clear message from Raisio and Kauhavan Yrityskiinteistöt Oy was crucial in making the decision “Our other customers have also been interested in heat certified as renewable and certified district heating will also help our other customers meet their CO2 emission targets.” Raisio’s initiative served as an opening for the transition to fossil-free heating energy for all properties “This will now benefit all of our tenants and help them meet their responsibility targets This is also a clear positive environmental message for companies looking for new premises Thanks to Raisio for showing us the way,” says Hannu Ristaniemi Managing Director of Kauhavan Yrityskiinteistöt Oy The Nokia mill and the Raisionkaari area with its production facilities had already switched to carbon-neutral energy earlier a heating plant was commissioned at the Nokia mill a side stream of the mill’s processes the heating plant project has proven to be a good way to ensure not only a responsible but also a cost-effective energy supply With the commissioning of the heating plant Raisio’s own production facilities are no longer dependent on natural gas The Nokia mill’s heating plant also produces heat beyond our own needs: the surplus heat from the mill is utilised in Leppäkosken Lämpö’s district heating network in Nokia The old heating plant at the Nokia mill site remained in the area as a backup and peak energy plant and started using biogas as fuel in spring 2022 the backup plant could also use natural gas as its energy source The Raisionkaari industrial area has already been using carbon-neutral energy since 2018 with heat and steam from the area’s own bioenergy plant Both the Nokia mill's and Kauhava factory's solutions are good examples of the cooperation needed to tackle climate change The Nokia mill’s heating plant is a joint project with Adven Oy and the solutions of the Kauhava factory were created in cooperation with Kauhavan Kaukolämpö Oy The guarantee of origin scheme for renewable energy is a mechanism to ensure that energy buyers can actually buy and use renewably sourced energy – electricity The scheme ensures that a company producing energy from multiple sources cannot sell the renewable energy it produces more than once The Energy Authority is responsible for maintaining and supervising the register of guarantees of origin for heating Photo: Raisio Group / Kuvatehdas - Roni Lehti Kauhavan Yrityskiinteistöt Oy manages and leases industrial premises in the Kauhava economic area Special attention is paid to the functionality of the buildings the premises are always planned together with the tenant Kauhavan Yrityskiinteistöt Oy is a subsidiary owned by the city of Kauhava the turnover was 2.4 million euros and the result for the financial year was 33 thousand euros No one wants to see plastic litter in the environment That is why we are among the first to manufacture drink cartons with caps that stay attached to them The EU’s new Single-use Plastics (SUP) Directive will require plastic caps to remain attached to the packaging in the future This requirement for drink packaging will enter into force in July 2024 with the aim of reducing the accumulation of plastic caps in the environment as around 80% of the litter found on EU beaches is plastic our packaging choices are guided by the quality and shelf life of the product the recyclability of the packaging and the minimisation of the amount of plastic we have put particular effort into implementing the worthwhile goals of the SUP Directive and have made changes in our production to be able to put the new caps on our drink products now all Elovena® products in one-litre and half-litre sizes already feature the new caps that stay attached during use The new caps can be seen in products such as Elovena® Oat Drink Barista and Elovena® Oat Drink the new caps will be on the packaging of all our plant-based drinks and cooking products These include Elovena® Snack Oat Drinks The new packaging is convenient to use and easy to recycle “One of the objectives of our sustainability programme is to encourage consumers to recycle packaging This is why our packaging always includes clear verbal instructions on how to recycle the packaging in addition to the recycling labels,” says Raisio’s ESG Manager Katri Järvinen-Wilén The caps for our drink cartons are made from plant-based plastic Sugar cane is a sensible choice because it grows much faster than Nordic forests The sugar cane plantations are located in areas that are not suitable for food crops The sugar cane plantations do not require felling and are not located in rainforest areas sugar cane is considered to be a sustainable alternative as a raw material for polyethylene production Plant-based materials behave in exactly the same way as fossil-based materials but they are significantly more environmentally friendly and reduce the carbon footprint of packaging For more information on the EU’s Single-use Plastics Directive in Finnish see the Ministry of the Environment’s website: https://ym.fi/tiettyjen-muovituotteiden-ymparistovaikutusten-vahentamista-koskeva-direktiivi-ukk Raisio will launch new Oat Rolls Baking Mix and also all  Benecol yoghurt drinks will be lactose free and with no added sugar as the new  the new Elovena Instant Oat Meal porridges With Sunnuntai Oat Rolls Baking Mix you'll bake delicious bread rolls to your breakfast table - without even putting your hands in the dough Overnight rolls are the easiest way for a tasty result Make ahead: Stir yeast to cold water and pour Sunnuntai flour mix on top of the liquid and you'll have delicious rustic oat rolls to serve your family or friends More info: Anna-Maria Kinnunen, anna-maria.kinnunen (a) raisio.com) More info: Jaana Henriksson jaana.henriksson (a) raisio.com The Benecol Yogurt Drinks will be relaunched in September 2020 in Finland The renewed range will include new recipes The whole range is all with no added sugar and lactose free and will come in a new bigger bottle size of 100g/bottle* The new delicious Benecol Yogurt Drink range includes the following flavours: The new bottle is fully recyclable PET plastic and can be recycled in households plastic recycling One bottle a day to lower your cholesterol www.benecol.fi Samples for media: Anne Hellsten (anne.hellsten (a) raisio.com) All pictures: https://raisio.emmi.fi/f/8fZL Finnish food group Raisio has developed a Benecol spread that is a blend of canola oil The company said the new product “tastes like butter” but contains less saturated fat The product has been granted the heart symbol by the Finnish Heart Association and the Finnish Diabetes Association The product is initially being rolled out in Finland with an RRP of EUR3.99 (US$4.53) Raisio has applied for a worldwide patent for the blend Raisio's UK arm Halo Foods has announced another sugar cut to its Honey Monster Puffs cereal taking the sugar content down by a further 25% Raisio’s UK arm Halo Foods has announced another sugar cut to its Honey Monster Puffs cereal The total sugar content for the cereal has now been reduced to 6.6g per 30g serving The firm said the latest reformulation marks the “next step” in the brand’s ongoing drive to cut sugar levels and provide “nutritional transparency” In October 2014 Raisio announced it would cut sugar in a 30g portion from 9.3g to 8.7g – a cut of over 6% and changed the name from Sugar Puffs to Honey Monster Puffs The reformulated version would contain 20% more honey Raisio insisted the sugar content has been slashed by over a third in the last decade Honey Monster packs began to display nutritional value via front-of-pack traffic light labelling marketing director at Raisio UK snack and cereal said: “We are incredibly proud of the fact that we have reduced sugar levels in Honey Monster Puffs by more than 50% in the last decade  This is a significant achievement and just goes to show that steady reformulation can be achieved without compromising taste or flavour We’ve made great progress already but we’re not stopping here Honey Monster fans can look forward to lots more exciting developments According to the newly released Sustainable Brand Index consumers perceive Elovena® as the most sustainable brand in Finland The study examines Finns’ perceptions of the sustainability of brands.  Elovena’s sustainability efforts are part of the Raisio Group’s systematic work to promote sustainability Sustainability is part of every Raisio employee’s work and it is gratifying to see that our efforts are also visible to consumers Our sustainability programme – Raisio’s Good Food Plan – takes into account the well-being of the planet and its people and looks at the sustainability of our products from primary production to the dinner table.  Sustainable Brand Index does not comment directly on the actual sustainability of brands and it is not an actual indicator of sustainability – instead the index studies Finns’ perceptions of the sustainability of brands our success in this study tells us that people have enormous expectations of the sustainability of the Elovena brand This inspires us to continue and further increase our efforts to promote sustainability.  sustainability means being able to trust that Elovena products are a good choice for yourself and your loved ones We offer tasty products that are healthy alternatives in their respective product groups a familiar staple,” says Elovena Brand Manager Meri Mattila.  Below are some of our past and future actions to become an even more sustainable brand:  Healthiness without compromising on taste is the basis of Elovena® products the quality of fat and the amounts of fibre sugar and salt – and strive for the best possible combination of taste and healthiness the company has defined healthiness criteria for its product categories The criteria take into account the nutrients essential for health in each category Our view on healthy food is based on the generally approved concepts confirmed by the science of nutrition.  One of the key objectives of our sustainability programme has been to make our own production carbon-neutral by the end of 2023 This important objective was achieved at the end of last year we started to calculate Raisio’s indirect carbon dioxide emissions to carry out Scope 3 calculations and work to reduce emissions in the value chain we have calculated the carbon footprint of Elovena Oat Drink Barista 1l It represents the climate impact of the product throughout its life cycle The carbon footprint calculation of Oat Drink Barista is one way to test and monitor in practice how the Scope 3 emission reduction measures are working.  All packaging for Elovena products is recyclable and the majority of packaging is made of cardboard or paper written instructions on how to recycle the packaging.  increasing the use of renewable and recycled material and reducing the amount of plastic packaging and plastic materials the wrapping of Elovena® Snack Biscuits was replaced by a material suitable for cardboard recycling in 2023 we are able to reduce the annual use of plastics by almost 30 tonnes.  we also introduced caps that will remain attached to the drink containers This change is based on the SUP Directive (Single Use Plastics) which aims to reduce the amount of single-use plastics and plastic debris entering the environment which behaves in the same way as fossil-based materials but is significantly more environmentally friendly and reduces the carbon footprint of packaging.  Plant-based and sustainable food choices are becoming more and more popular among households We have responded to this growing demand by introducing new domestic oat products produced in our factory in Raisio encourage plant-based eating that is good for our health and the environment.   Read a comprehensive overview of our responsibility work in our annual review, entitled ‘Raisio’s Annual Review and Corporate Responsibility Report 2023’, which is to be published on 14 March 2024. The report will be available at raisio.com as of 14 March 2024 the Group’s comparable net sales for continuing operations were EUR 219.5 million and the comparable EBIT was EUR 22.7 million Raisio has announced the launch of its Benecol range of products in South Korea The Finnish food group is selling the Benecol products via its distributor in Korea Raisio said the move supports its aim of expanding into new markets The Benecol products sold in South Korea combine the Benecol brand with Lotte’s own dairy brand Pasteur Pasteur Benecol yogurt drinks will be first available through Lotte’s home delivery channel in February the distribution will be expanded to the top three hypermarkets and convenience stores around the country Lotte’s plan is to widen the distribution in the future to cover all major retailers A spokesperson for Raisio said: “South Korea is a prosperous country with some 50 million people and its consumer product market offers attractive growth opportunities for Benecol According to the World Health Organization more than 40% of the country’s population has elevated cholesterol levels.” About us | Advertise with us | Contact us Posted: 13 July 2016 | Victoria White, Digital Content Producer | No comments yet With the signing of the agreement yesterday Halo Foods’ business and some 300 employees in the UK have been transferred to Nimbus… Raisio Group has sold Halo Foods to Dutch investors Nimbus Halo Foods’ business and some 300 employees in the UK have been transferred to hands-on investor Nimbus Explaining the Finnish food group’s reasons for selling the leading UK health snack manufacturer Raisio CEO Matti Rihko said that his company plans to focus on the development and marketing of its own proprietary branded products will withdraw from manufacturing of snack bars marketed under its partners’ brands it is important to expand the range of its branded products in line with consumer needs not to produce itself all the products in the range.” Key assets of Halo Foods include its factories in Newport and Swindon as well as the Dormen brand Raisio will record a loss of approximately €19 million for the divestment of Halo Foods business and approximately €1 million as restructuring costs related to the UK Snack & Cereal business in the second quarter Halo Foods has been part of Raisio for approximately six years following the Glisten acquisition in 2010 The company is a manufacturer of its partners’ branded products Raisio had centralised the production of its snack bars to Newport and the packaging of nibbles and nuts to the Swindon factory Halo Foods generated turnover of €18 million in period January – June 2016 Halo Foods, Raisio No comments yet Snacks All subscriptions include online membership giving you access to the journal and exclusive content Comment * document.getElementById("comment").setAttribute( "id" "af43574d6167147c90a1fa2fc23cf61a" );document.getElementById("de5d8d4fb7").setAttribute( "id" Write for us | Advertise with us New Food is published by: Russell Publishing Ltd.Court LodgeHogtrough HillBrasted © Russell Publishing Limited, 2010-2025. All rights reserved. Terms & Conditions | Privacy Policy | Cookie Policy Website design and development by e-Motive Media Limited Necessary cookies are absolutely essential for the website to function properly This category only includes cookies that ensures basic functionalities and security features of the website These cookies do not store any personal information CookieDescriptioncookielawinfo-checkbox-advertising-targetingThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Advertising & Targeting".cookielawinfo-checkbox-analyticsThis cookie is set by GDPR Cookie Consent WordPress Plugin The cookie is used to remember the user consent for the cookies under the category "Analytics".cookielawinfo-checkbox-necessaryThis cookie is set by GDPR Cookie Consent plugin The cookie is used to store the user consent for the cookies in the category "Necessary".cookielawinfo-checkbox-performanceThis cookie is set by GDPR Cookie Consent WordPress Plugin The cookie is used to remember the user consent for the cookies under the category "Performance".PHPSESSIDThis cookie is native to PHP applications The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website The cookie is a session cookies and is deleted when all the browser windows are closed.viewed_cookie_policyThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies It does not store any personal data.zmember_loggedThis session cookie is served by our membership/subscription system and controls whether you are able to see content which is only available to logged in users Posted: 12 June 2015 | Victoria White | No comments yet Raisio’s new partner Neptunus is launching Benecol powdered drink in China supporting Raisio’s aim to open up new markets for Benecol products… Raisio’s new Benecol partner Neptunus is launching Benecol powdered drink in China This expansion to the world’s most populated country supports Raisio’s aim to open up new markets for Benecol products Benecol powdered drink will be sold at approximately 1,700 Nepstar stores mainly in large cities of the east coast of China The aim is to have Benecol powdered drink available in selected hospital stores and sales channels of health care professionals in six months Neptunus will focus on significantly expanding its sales network Raisio has worked determinedly to open markets for Benecol products The latest launches were carried out in Brazil in November 2014 and in South Korea in February 2015 “The Benecol product launch in China will strengthen Raisio’s strategically important expansion into new growing markets of Asia so there is a need for cholesterol-lowering products We have long worked to enter the Chinese market and we are very pleased to be partnering with Neptunus the company that is investing in Benecol products,” says Olavi Erkinjuntti Sales Director of Raisio’s Benecol business According to the World Health Organization (WHO) one-third of the Chinese population have elevated cholesterol levels Cholesterol levels have been rising as Western-style eating habits have become more common in China Raisio No comments yet "acca6114433ef68efb3390cec35bbb65" );document.getElementById("de5d8d4fb7").setAttribute( "id" Finnish food group Raisio is increasing its investment behind gluten-free brand Provena in a bid to expand its share of European gluten-free sales Raisio marketing manager Pauliina Ohman said that the company hopes to grow the brand throughout Europe “Provena’s biggest markets are Finland “We would like to see Provena all over Europe The company is capitalising on expanding awareness of gluten-free products “Until now we have focused on only those with coeliac disease But since the world is changing – for example those with gluten-sensitivity are also interested in our products We have tried to broaden our message and appeal.” By appealing to mainstream consumers Raisio hopes to capitalise on the high-growth gluten-free sector Ohman said that Provena is a relatively new brand coming up against more established competition Since 2011 we have made this package change and… added more products to our portfolio At the moment there are more well-known brands in the market We are a challenger brand,” Ohman told just-food at the Free From Expo in Brussels Raisio is increasing its investment levels our brand investment has been quite modest but we are going to invest more,” Ohman revealed she declined to reveal further details on Raisio’s investment strategy for Provena Raisio's UK arm Halo Foods has launched a low-sugar multi-grain version of its Honey Monster Puffs cereal Raisio's UK arm Halo Foods has launched a low-sugar The company claims Honey Monster Multigrain Honeycomb contains "even less" sugar than the reformulated traditional Honey Monster Puffs product and is the first to receive an amber traffic light for sugar under the UK's front-of-pack nutrition label scheme Halo said the move signalled "the brand’s ongoing commitment to reducing sugar levels in its cereal and promoting the product to be enjoyed as part of a healthy and active lifestyle" When Raisio reported its first-quarter results in May group CEO Matti Rihko admitted the company's UK cereal and snack bar units had "under-performed" said: "We led the way last October with the re-brand by reducing the product’s sugar content and introducing traffic light GDA’s on front of pack The introduction of Multigrain Honeycomb signals our next step on the ongoing journey for health reformulation and to promote Honey Monster Puffs products as part of a healthy and active lifestyle." The product will be launching in retailers nationwide from August in 300g packs at an RRP of GBP2.29 (US$3.58) Raisio has launched a bagged "on-the-go" alternative of its Harvest Cheweee snack bar in the UK Raisio has launched a bagged “on-the-go” alternative of its Harvest Cheweee snack bar in the UK Harvest Cheweee Fruit & Oat Bites is marketed as being a “healthier fruit-based snack created to keep on-the-go-children fuller for longer” The new product is available in three flavours: Bananatastic The Fruit & Oat Bites are made from 100% natural ingredients said: “Our shopper research shows that while existing fruit snacks are popular with consumers they don’t address all of the key drivers around snacking high in fibre snacks within the children’s snacking sector and the launch of Fruit & Oat Bites taps into this area bridging the gap between fruit snacks and cereal bars The snacks are available in 125g bags at an RRP of GBP1.69 (US$2.53) has decided to close its breakfast cereal and snack bar factory in west London a move the Honey Monster owner said would make the company more competitive Production will end in the first quarter of next year while Raisio will centralise its production of snack bars at its plant in the Welsh town of Newport Some 99 staff at the Southall site will lose their jobs “Remodelling of the business is necessary to ensure future success of the UK cereal and snack business The new operating model improves Raisio’s competitiveness in both local and international markets,” Tomi Järvenpää the vice president of Raisio’s snack and cereal unit The announcement on Friday follows Raisio’s admission in October it was weighing up alternatives for the Southall factory that included a possible closure Raisio has booked write-downs of EUR4.5m (US$4.9m) and costs of EUR7m from the closure of the Southall site It said it was “assessing alternatives” for the property Nordic News and Business Promotion in Asia Finnish food company Raisio has launched its Benecol yogurt drinks in Hong Kong as part of its efforts to enter new markets in Brazil Benecol products are designed to help lower cholesterol Raisio is implementing a new business model as the company itself and the local Benecol product distributor are jointly responsible for business operations Wing Kee Produce Ltd operates as a local distributor of Benecol products in Hong Kong and Raisio works with the distributor to further develop the business Hong Kong was selected as the first market area for the alternative business model on the basis of market surveys Benecol yogurt drinks will be available in major retail chains and department stores Benecol yogurt drinks for the Hong Kong market are manufactured by Swiss dairy giant Emmi vice president responsible for the Benecol business said that the company considers Asia an important future market area for Benecol products and the Hong Kong launch offers a great opportunity to develop the business in this region — We will actively continue negotiations with new potential license partners in order to launch Benecol products in new markets especially in Asia and South America Hong Kong has a population of more than seven million people more than 40 per cent of the adult population has elevated cholesterol levels A significant proportion of these people form a potential user group of Benecol products which are designed to help lower cholesterol Raisio’s key market areas currently are Finland Editor-in-Chief • ScandAsia Publishing Co. and website in this browser for the next time I comment Δdocument.getElementById( "ak_js_1" ).setAttribute( "value" You can add items to the reading list by pressing in content lists or on the content page This list shows the content that you have not finished reading The list shows the last five content you have started reading Using the reading list requires you to accept cookies in the Preferences category The reading list stores the content you have manually added to the list as well as content that you have started reading but have not finished The Beanit and Härkis products made of fava beans have been a hit with Finns explains that the company intends to use its new owner Raisio’s networks to next conquer the international market a company acquired by Raisio in spring 2021 The invention was less about accelerating vegetarianism and more about creating food from Finnish ingredients the founders were thinking about how Finnish raw ingredients could be used for new food innovations Beanit’s Härkis products were launched in 2016 and together with the pulled oats products that entered the market at the same time Our goal is to produce food as efficiently as possible with minimal resources The production of plant-based food is generally very resource-efficient when you look at the food produced in relation to the used area Emissions are relatively low and the process is efficient as the aim is to grow food that can go directly to people instead of first growing feed for livestock We also promote the circular economy in other ways The side streams of food production are particularly interesting which are left over from food manufacturing Raisio uses side streams innovatively: for instance the side streams from oat products are used for energy production in the company’s factory area The lessons learned from Raisio are sure to help us utilise even more side streams at our Beanit plant in Kauhava one of our main products originates from production waste Small pieces were left over in the production of our Beanit fava bean chunks The pieces were too small to be sold as chunks We came up with a commercial application for these pieces as our fava bean mince which turned out to be a highly popular product People have an ingrained idea that promoting sustainability in business activities means more investments and costs But the opposite might actually be true in the great scheme of things Any company would like to take advantage of everything produced at the different stages of its process we have become the market leader in Finland and we will do whatever it takes to hold onto the position There are also other excellent vegetarian protein products on the market and these are pushing us and the whole sector forward There is a market for our products particularly among omnivores with increasingly plant-based diets our effectiveness increases as volumes grow This creates a motivation for strong growth Our business potential depends on how normalised eating a plant-based diet becomes.” ‘Beanit fava bean products are a fantastic way to offer sustainably produced local food to our customers Sustainable food products only make an impact when people decide to eat them.” “The company has grasped the global trend of plant-based This way it reduces the negative environmental impacts of food production Even the fava bean skins are made use of according to circular principles.” The most interesting companies in the circular economy is a list compiled by Sitra to showcase Finland’s most inspiring examples of the circular economy Sitra is using the list as a way to challenge Finnish companies to meet the changing needs of the world Circular economy solutions are needed to safeguard biodiversity and solve the climate crisis In a circular economy we maintain the value of what we produce through smarter design and shifting from owning products to using services well-being and economy of Finns fully depend on nature How can we change the way we operate so that we build a good life successful business and sustainable public finances within the limits of nature’s carrying capacity How to get to Sitra? Raisio has taken its Benecol brand into another Asian market with the launch of a range of smoothies in the Philippines The Finland-based food group has teamed up with Kalbe International a subsidiary of regional nutrition and pharma company Kalbe Farma Tbk Group to introduce the products into the Philippines which is the distributor for Benecol in Indonesia is selling the smoothies under the Nutrive Benecol brand in the Philippines which also sells Benecol products in Thailand and Hong Kong claimed over 40% of the Philippines population – which numbers 100m – has “elevated cholesterol levels” The company said its tie-up with Kalbe in the Philippines had secured listings at 300 local stores Raisio launched Benecol in Hong Kong in September. To read just-food.com’s interview, published that month, with Mikko Laavainen, the VP for licenced brands at Raisio, on the Hong Kong launch and the company’s plans for emerging markets, click here. Source. Finnish food firm Raisio has announced plans to licence its Honey Monster cereal brand in the UK to local group Brecks Co Brecks Co. is a supplier of extruded cereals and meat-free products to industrial and retail customers It operates two cereal plants and a dedicated meat free factory in the UK and exports across Europe and North America Brecks will market and sell Honey Monster products in the UK from July Raisio CEO Matti Rihko said “in line with its agreed strategy” the company will continue with its focus on healthy snacks.  “Ready-to-eat breakfast cereals are not at the core of Raisio’s strategy so the licencing of the Honey Monster brand is a good solution that ensures that Honey Monster cereals will continue to be available to British consumers.” Raisio added the licence agreement does not have a significant impact on the group’s earnings.  At the end of last year, Raisio closed a breakfast cereal and snack bar factory in west London saying the move would make the company more competitive when Raisio reported its financial results for 2015 the company described the year as “challenging in many ways” for its UK cereal and snacks business It said competition “intensified” as retailers reviewed the way they promoted products and “tightened their selection criteria” Net sales from the unit were “almost” level with 2014 By Ed Devlin2017-12-22T08:47:00+00:00 Embattled Finnish group Raisio has sold its confectionery business which includes the Fox’s Glacier Mints and Poppets brands to Rowse Honey owner Valeo Foods in a deal worth €100m The operations of the confectionery division in the UK and Czech Republic will be transferred to become part of Valeo Foods Group by 29 December 2017 at the latest Raisio said in a statement to the Helsinki Stock Exchange this morning The deal will be carried out as a share transaction with an enterprise value of €100m – the equity value paid by Valeo was €77m the struggling group will record a €38m loss on the sale It follows news uncovered by The Grocer that the Finnish group had replaced its UK MD of Big Bear Confectionery last month and was in the process of exploring a sale Raisio has been beset by operational and commercial issues at its Leicester plant over the course of this year leading to falling group sales and profits “The divestment of the confectionery business is an important strategic step for Raisio on its path towards a responsibly operating forerunner focusing on healthy foods,” CEO Pekka Kuusniemi said today “Together with our already strong balance sheet the proceeds from the deal allow extensive acquisitions that strategically fit our core business.” The confectionery business includes six production plants in the UK and Czech Republic Raisio is also a significant confectionery producer for retail and industrial customers net sales for Raisio’s confectionery business totalled €71.3m The confectionery business employs about 1,000 staff Valeo CEO Seamus Kearney added: “This transaction is consistent with Valeo Foods’ strategic focus and we are very excited about the opportunities to expand and grow these businesses through a combination of significant new capital and brand investment.” Raisio revealed it would also write down €9.4m in its financial statements after updating calculation of goodwill and brand values as well as the fair values of its balance sheet items Including the €38m loss recorded for the sale of the confectionery business Raisio will take a €49m hit to its operating profits for 2017 as a result The group will release full-year results in February In a pair of editorial columns for The Grocer two dealmakers take a look at M&A in 2017 Simon Peacock of Catalyst Corporate Finance examines the key trends that have underpinned M&A activity in the food and drink industry during 2017 and the outlook for 2018. Click here to read the article While Akeel Sachak of Rothschilds takes the pulse of mega-deals on the consumer space. Click here to read the full article It’s been a seismic year for the grocery and fmcg industry British American Tobacco (BAT), Reckitt Benckiser (RB) and Diageo (DGE) all made gains as we head toward the Christmas weekend 2.3% to 6,733p and 1.2% to 2,689p respectively Morrisons (MRW), Tesco (TSCO) and Sainsbury’s (SBRY) all made ground leapt more than 1% to 7,602.62 points to end the year with a flourish Sign in to comment on this article Site powered by Webvision Cloud Learn moreExplore related questionsDiscover more about the topics that matter most Browse our suggested questions or ask your own to find out more By Alec Mattinson2018-01-05T11:56:00 Already have an account? Sign in here Already have an account? Sign in here By Alec Mattinson2014-11-19T12:32:00 Finish food group Raisio has acquired the rights to cholesterol lowering food brand Benecol in the UK By Ed Devlin2017-07-21T08:17:00 Finnish food group Raisio has issued a profits warning as a result of challenges in its UK confectionery business and the weakening of the pound against the euro Plus, British American Tobacco appoints three Reynolds directors to its board after getting backing for its proposed $49m takeover of its tobacco rival 5.1.2024 09:25:00 EET | Fiksuruoka.fi | Tiedote Fiksuruoan tuotteita saa ostettua verkkokaupan lisäksi nyt myös kivijalkamyymälästä Pop-up -kaupan toivotaan tavoittavan uusia asiakasryhmiä ja madaltavan ihmisten kynnystä ostaa hävikkiruokaa Suomalainen hävikkiruoan verkkokauppa Fiksuruoka.fi on avannut ensimmäisen fyysisen myymälänsä Raisio Outletiin herkku- ja kodin tuotteita kuin verkossakin mutta myymälän valikoima on hieman verkkokauppaa suppeampi Pop-up -kauppa on seitsemän vuotta hävikin vähentämisen pioneerityötä tehneelle Fiksuruoalle uusi aluevaltaus Kokeilun tavoitteena on tuoda palvelu lähemmäs kuluttajia ja tarjota ihmisille uusia tapoja vähentää hävikkiä.  “Ruoan verkkokauppa ei ole vielä vakiinnuttanut asemaansa suuren yleisön keskuudessa ja monet suuntaavat yhä perinteiseen myymälään tekemään viikon ruokaostokset että pop-up -kaupan myötä hävikkiruoan ostaminen tulee tutuksi niillekin jotka eivät ole vielä löytäneet verkkokauppaamme Jo ensimmäisten päivien jälkeen on ilo todeta että myymälä on saanut asiakkailta positiivisen vastaanoton” kertoo Fiksuruoan toimitusjohtaja Juhani Järvensivu.  että kyseessä on kumppanin kanssa toteutettu kokeilu ja aika näyttää Samassa liiketilassa myydään myös muiden toimijoiden kuten lastenvaatevalmistaja Reiman sekä kosmetiikan maahantuoja Nordic Beautyn tuotteita "On hienoa avata hävikkituotteisiin keskittyvä myymäläkonsepti joka tuo monta kiinnostavaa brändiä saman katon alle Fiksuruoan mukanaolo kasvattaa myymälän valikoiman monipuolisuutta ja uskon että kattava tarjonta houkuttelee paikalle asiakkaita pidemmänkin matkan takaa” kertoo myymäläkonseptia pyörittävän Smart Deals Finland Oy:n toiminnasta vastaava Tatu Palomäki Elintarvikkeiden inflaatio osoitti loppuvuoden aikana hidastumisen merkkejä mutta yleinen kustannusten nousu jatkaa silti kotitalouksien kurittamista Tilastokeskuksen viimeisimmän tiedon mukaan elintarvikkeiden hinnat nousivat marraskuussa 2023 kolme prosenttia vuoden takaisesta.* Vallitseva taloustilanne on tehnyt tuottajien ylijäämää ja hävikkiuhan alla olevia tuotteita tuntuvilla alennuksilla myyvästä Fiksuruoasta relevantimman yhä useammalle kuluttajalle “Asiakkaamme säästävät vuositasolla keskimäärin satoja euroja mutta säännöllisellä ostamisella summa voi lähennellä jopa tuhansia että verkkokaupan rinnalle auennut myymälä tekee paitsi ympäristön myös rahan säästämisestä helpompaa entistä suuremmalle joukolle ihmisiä” Fiksuruoan pop-up -kauppa on auki maanantaista perjantaihin klo 10–20 lauantaisin klo 10–18 ja sunnuntaisin klo 12–18 *https://www.stat.fi/tilasto/khi Fiksuruoka.fi on suomalainen hävikkiruoan verkkokauppa joka toimii kansainvälisillä markkinoilla nimellä Foodello Verkkokaupan valikoima koostuu elintarvikevalmistajien maahantuojien ja tukkuketjujen poisto- ja jäännöseristä Syynä voi olla esimerkiksi tuotteen poistuminen valikoimasta liian suuri varasto tai lähestyvä parasta ennen -päiväys Fiksuruoka.fi on perustettu vuonna 2016 ja yritys on kasvanut lähes 60 henkilöä työllistäväksi yritykseksi Fiksuruoka toimii tällä hetkellä kolmella markkinalla: Suomessa Yritys tekee yhteistyötä paikallisten kuivaelintarvikkeiden valmistajien ja maahantuojien kanssa Koko konsernin liikevaihto vuonna 2022 oli 16,3 miljoonaa euroa Haluatko tietää asioista ensimmäisten joukossa saat ne sähköpostiisi välittömästi julkaisuhetkellä Tilauksen voit halutessasi perua milloin tahansa Elintarviketeollisuudessa hyödynnetään nyt hävikkiä innovatiivisesti Hävikkiverkkokauppa Fiksuruoka tekee tiivistä yhteistyötä kotimaisten tuottajien kanssa pelastaakseen ylijäämäraaka-aineita joista syntyy myös uusia kuluttajatuotteita Fiksuruoan kansainvälisestä markkinoinnista jatkossa vastaava Sami Törmä luotsaa roolissaan yhtiön markkinointitiimejä sekä Suomessa että ulkomailla Fiksuruoka kasvoi viime vuonna vauhdilla ja yhtiö onnistui seitsemän vuoden jälkeen kääntämään Suomen liiketoimintansa kannattavaksi Vahvan kasvun taustalla on skaalautuva liiketoimintamalli ja onnistuneet markkina-avaukset kinkku ja herkut kannattaa pelastaa hävikiltä ja hyödyntää välipäivien ruoanlaitossa Fiksuruoka osallistuu joulun hävikkitalkoisiin myymällä sesonkituotteita verkkokaupassa heti pyhien jälkeen säästyisi rahaa yli sata euroa vuodessa henkilöä kohden Nelihenkinen perhe kustantaisi sillä kylpyläloman ja pariskunta staycationin arvioi hävikkiruokaa verkossa myyvän Fiksuruoka.fi:n toimitusjohtaja Juhani Järvensivu Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä Kaikki tiedotepalvelussa julkaistu materiaali on vapaasti median käytettävissä Tietosuoja