Raisio, makers of functional cholesterol drink Benecol, says it will continue to focus on healthy foods as its core strategy – and will look to restructure its business and cut jobs as it continues the strategic shift.
Sales and profits were up in Q2 at Raisio, with CEO of the €500m Finnish agro-food player Matti Rihko content its re-housing of key brand Benecol was paying off.
Finnish food-agriculture giant Raisio has launched its cholesterol-lowering, plant stanol-based Benecol brand in China in a powder form via mostly medical channels in its big coastal cities.
“This is a good move for Raisio. They are the correct parent of this niche brand.”
“J&J should have sold it 10 years ago,” is one analyst’s appraisal of Finnish agro-food giant Raisio’s buy-back of the licensing rights to its cholesterol lowering, plant stanol-based Benecol brand today, referring to US market difficulties for the...
Finnish plant stanol leader and Benecol brand owner Raisio says plant sterol users like rival Unilever (pro.activ) are piggybacking off stanol science in high-dose products and wants the EU to mount separate reviews of the cholesterol-busting nutrients.
Cholesterol-busting plant sterol and stanol products – worth about €2.5bn globally – will have to carry warning labels in the European Union from next February.
Europe’s health claims regulator says it stands by a previous rebuttal of industry suggestions that the approved time for plant stanols and sterols to achieve cholesterol lowering effects be shortened from 2-3 weeks to 1-2 weeks.
Finnish ingredients supplier Raisio has seen EBIT profits rise 70% to €10.7m as it consolidates its agro ingredients base and reaps benefits from the acquisition of the UK Big Bear snack brand in February this year.
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.
Plant stanol ester-enriched foods could reduce cardiovascular diseases (CVD) risk especially for consumers not following a Mediterranean-style diet, claims a new study from Greece.
Raisio, the Finnish ingredients supplier and owner of the Benecol plant stanol cholesterol-lowering range, reports lower sales and profits for the second quarter of 2009, drops the company said it was prepared for.
The European Food Safety Authority (EFSA) has issued an opinion on plant sterol and plant stanol ingredients to assist risk managers across the European Union to implement cholesterol-lowering claims.
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 group Raisio has entered Thailand- its third Asian market - following a deal with a Thai-based company that will see its cholesterol-lowering, plant stanol ingredient featuring in a beverage targeting increasing numbers of obese consumers.
Benecol has joined its main competitor, Unilever-owned plant sterol-based, functional food range, Flora pro.activ, in having a cholesterol-lowering health claim approved by the European Food Safety Authority (EFSA).
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...
Raisio is planning to streamline its food and ingredients division
to boost profits and offset any potential costs brought on by
unseasonable European weather.
Raisio has reported results for full year 2005 that are more or
less on a par with the previous year. While Raisio Nutrition was
impacted by one-off costs and write-downs, Life Sciences performed
better as ingredients showed respectable...
Raisio's Benecol business continues to be its main driver of growth
as the company battles to increase sales and earnings from its core
activities in margarine and feed ingredients.
New product launches and applications helped lift turnover at
Raisio's ingredients division by almost 40 per cent during the
third quarter, it reported today.
The maker of Benecol, Finnish firm Raisio, has received regulatory
approval for the sale of its chemicals arm, which will rid the
company of its debt and allow it to focus solely on health foods
and ingredients.
Makers of the cholesterol-lowering ingredient Benecol, the Finnish
company Raisio, have launched a pasta containing the ingredient on
the home market this month. Benecol pasta is said to provide half
the daily dose of the stanol ester,...
The US Food and Drug Administration (FDA) is to reopen for 45 days
the comment period for the interim final rule authorising a health
claim on the association between plant sterol/stanol esters and
reduced risk of coronary heart disease...
