Benecol brand owner Raisio saw its sales fall 5.2 per cent to €86.4m for the quarter ended March 31, but emphasised its acquisitions policy that saw it pick up British snacks maker Glisten for €22.8m this year remained unchanged.
Raisio’s acquisition of UK premium snacking company Glisten will provide the Finnish group with a platform from which to drive the healthy snacking market in central European countries such as Germany and the Benelux countries, claims a financial analyst.
Raisio, the Finnish plant stanol and raw ingredients supplier and maker of the Benecol cholesterol-lowering consumer brand, more than doubled profits and increased turnover by 20 per cent in 2008, but its forecasts are humble in the face of the harsh...
Finnish feed, food and ingredients giant Raisio Group has reported
a return to the black and increased turnover in a year of change
that saw it gain greater control over its activities - particularly
in its ingredients division.
An agreement has been reached between Raisio and Unilever to grant
non-exclusive global rights to a number of plant sterol and stanol
patents - a move which will allow both companies to develop their
business and applications and...
The sale of Raisio's chemicals business has had a major benefit on
the firm's first half profits but new functional food launches and
sales of the Finnish company's cholesterol-lowering ingredient also