NEWS IN BRIEF

Fazer expands in Finland with €40m production facility for plant-based products

By Flora Southey

- Last updated on GMT

(Image: Getty/Tatyana Berkovich)
(Image: Getty/Tatyana Berkovich)

Related tags Finland plant-based Grain

Finnish food manufacturer Fazer has announced plans to build a €40m production plant for in Lahti, Finland. “We want to be a forerunner in value added grain-based products”, says CEO.

Fazer says it aims to break ground as soon as possible, with construction expected to continue until 2020. The investment will create 30 jobs in Lahti, located approximately 100km north of Helsinki.

According to CEO Christoph Vitzthum, plant-based products are a ”strategic growth” ​area for the firm: ”We want to be a forefunner in value added grain-based products and we are investing in the development of new production technologies and solutions,” ​he said in a statement.

”We now have at hand an innovation which we believe will create interest also outside Finland and the Nordic countries, even globally.”

The investment is part of a larger investment plan that will see Fazer further expand its presence in Northern Europe and into selected international markets.

The firm, which specialises in several food markets, including food services, bakery and confectionary has invested approximately €195m over the past three years.

Part of that sum was invested in ’Fazer Lifestyle Foods’, a plant-based meals and on-the-go food and drinks business launched in early 2017, in response to increased demand for healthy and plant-based foods.

Related news

Show more

Related products

show more

Download Sweet Trends Report 2024 by Südzucker

Download Sweet Trends Report 2024 by Südzucker

Content provided by Südzucker AG | 01-Jul-2024 | White Paper

For the fourth time, Südzucker has conducted a research study on consumer needs and purchase drivers in processed food & drinks, which will be another...

The B2B Marketing Benchmark – Food & Nutrition

The B2B Marketing Benchmark – Food & Nutrition

Content provided by Barrett Dixon Bell (BDB) | 12-Jun-2024 | Insight Guide

Download the first-ever B2B Marketing Benchmark to provide a relevant overview of the Food & Nutrition ingredients marketing communications; delving...

Your partner in plant-based meat alternatives

Your partner in plant-based meat alternatives

Content provided by ADM | 15-May-2024 | White Paper

Harness our technical expertise and world-class portfolio of high-quality ingredients and formulations to create elevated, chef-driven, plant-based meat...

Related suppliers

Follow us

Products

View more

Webinars