Finnish food maker Raisio has entered into a strategic alliance with Italian gluten-free specialist Dr. Schär in a deal the companies believe will open new avenues for speciality innovation.
Finnish supplier Raisio has turned in a bumper half-year with earnings before interest, tax and depreciation (EBIT) surging from €10.3m to €16.2m – a 73% rise.
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.
Finnish food group Raisio and Swedish firm Lantmännen have
dissolved joint ownership of a number of food businesses, which the
firms hope will drive focus and profitability.
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 has reached an agreement with its European and American
partners to extend its rights to the cholesterol-lowering Benecol
brand in France and the United States.
Raisio has completed the sale of its Russian potato food business
to Profood Oy, the latest move aimed at streamlining its business
operations to improve financial performance.
Raisio is starting to see the results of rationalisation measures
with a Q1 result that was back in the black - though work still
remains before its food division regains profitability.
Raisio has opened up its first production facility in Russia.
Located just outside Moscow, The Finland-based company says it is
hoping that the move will help it to expand its margarine portfolio
in Russia and neighbouring states.
Growing Finnish food and animal feed company Raisio is to acquire
all the shares of Swedish biotech company Diffchamb. The move marks
a step forward in the Finnish company's overall aim to expand its
Life Science unit business...
The Finnish food and chemicals group Raisio reported a more upbeat
set of first-half figures, but continued to perform below
expectations in some divisions.
