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M&A Watch: Raisio should sell to private equity

Raisio, the Finland-based group behind brands including Benecol, Honey Monster cereals and Fox's confectionery, has, in recent years, tried...

UK crisp firm Tyrrells could attract snack majors

Private-equity firm Langholm Capital was this week reported to have put UK crisp group Tyrrells on the market. Langholm has declined to comm...

Deal or no deal: Burton's Biscuit Co.

Katy Askew | 8 Apr 2013

The private-equity owners of Burton's Biscuit Co. are "considering options" for the UK's second-largest biscuit maker, a process that could lead to an eventual sale. Katy Askew takes a look at the players for whom an acquisition of Burton's could hit the sweet spot.

The most-read interviews on just-food in 2011

Dean Best | 23 Dec 2011

2011 was again a year in which just-food discussed the key industry issues with the leading lights in the sector. From the creation of meat-free firm Quorn Foods to Ferrero's ambitions in the UK and from Kraft Foods' plans in the key emerging market of South Africa to sustainability strategies with Ahold and Kellogg, we interviewed some of the top players in the industry this year. Click on the links for more and check out all our featured interviews for 2011 here.

The just-food management briefing

Ben Cooper | 28 Feb 2011

There are two ways of looking at the impact of what is often described as the ‘health and wellness' trend in food consumption. It can either be about consumers deciding or being persuaded to take certain things out of their diet or alternatively putting more of other types of food into their diet.

Quote, unquote: just-food's week in words

just-food.com | 11 Feb 2011

The focus returned to rising commodity costs again this week, as Flowers Foods, Kraft Foods and PepsiCo admitting that input pressure had impacted their results - and their financial forecasts for 2011. Meanwhile, Raisio's CEO told just-food about the company focus on developing its 'ecological snacking' business and the UK government revealed a report on the difficulties around green labelling. Here's the best of what was said this week:

Latest Interviews

Kavli keeps firm eye on growth opportunities

Michelle Russell | 28 Aug 2013

Cheese spread and dip manufacturer Kavli has been on something of an acquisition spree. Already this year it has purchased Raisio's non-dairy assets and last week announced the purchase of St Helen's Farm.

Interview: Raisio sanguine about brand performance

Dean Best | 20 Aug 2013

Raisio, the Finland-based group behind Benecol, Fox's confectionery and Sugar puffs cereal, saw branded sales fall in the first half of 2013. However, CEO Matti Rihko tells Dean Best the company is sharpening its portfolio to improve the performance of its branded business - and is eyeing more expansion in the years ahead.

Latest News

Raisio lifts FY sales, EBIT forecasts

Katy Askew | 11 Aug 2015

Raisio raised full-year forecasts for sales and EBIT this morning (11 August) after its first-half results were lifted by the recent acquisition of the rights to Benecol in three European markets and an improved performance from UK cereal and snacks.

Raisio rolls out multigrain, low-sugar cereal

Hannah Abdulla | 15 Jul 2015

Raisio's UK arm Halo Foods has launched a low-sugar, multi-grain version of its Honey Monster Puffs cereal.

Food industry quotes of week: Fonterra, Campbell

Hannah Abdulla | 12 Jun 2015

This week, Fonterra confirmed it would be axing jobs as part of a review in response to the "volatile" dairy trading environment at present. Campbell acquired Garden Fresh Gourmet as it looks to extend its presence in the packaged fresh category. Elsewhere, Raisio announced it was launching Benecol into China and the US House of Representatives voted to scrap meat labelling laws. We also took an in-depth look at Bel Group's investment in Moroccan dairy Safilait.

Raisio launches Benecol in China

Katy Askew | 10 Jun 2015

Finnish food group Raisio is launching a cholesterol-lowering powdered drink in China under its Benecol brand.

Raisio rolls out gluten-free Fox's range

Hannah Abdulla | 10 Jun 2015

Finnish food group Raisio has introduced a free-from range to its Fox's confectionery range in the UK.

Benecol boosts Raisio in Q1

Dean Best | 7 May 2015

Finnish food group Raisio today (6 May) booked an increase in first-quarter sales and earnings, in part helped by its acquisition of Benecol in three European markets last November.

Raisio sees Q4 improvements but FY profit drops

Katy Askew | 12 Feb 2015

Finnish confectionery-to-spreads maker Raisio booked a decline in full-year earnings but stressed an improved back half performance offset an "exceptionally" weak first half.

Raisio rolls out Benecol to South Korea

Hannah Abdulla | 5 Feb 2015

Raisio has announced the launch of its Benecol range of products in South Korea.

Raisio launches Benecol spread blended with butter

Katy Askew | 28 Jan 2015

Finnish food group Raisio has developed a Benecol spread that is a blend of canola oil, rapeseed oil and butter.

ASA bans Honey Monster ad on health claims breach

Hannah Abdulla | 5 Jan 2015

The UK advertising watchdog has banned Raisio's online advert for its Honey Monster cereal, alleging it breached EU rules on health and nutrition claims.

Raisio names Elevuori CFO

Katy Askew | 3 Dec 2014

Raisio has promoted Antti Elevuori, finance director for UK consumer brands, to the post of chief financial officer.

Food industry news of week: Kellogg, JBS, bird flu

Dean Best | 21 Nov 2014

Kellogg this week made a move for Bisco Misr after private-equity firm Abraaj tabled an offer for the Egypt-based snacks group.

Food industry quotes of week: BRF, UB, Raisio

Hannah Abdulla | 21 Nov 2014

This week, we published interviews with senior executives from Brazilian food giant BRF as it embarks on international expansion. Elsewhere, staff at United Biscuits' Aintree factory in Liverpool pushed forward with strike action and Finnish group Raisio secured control of Benecol in the UK, Ireland and Belgium.

Raisio CFO Jykri Paappa steps down

Hannah Abdulla | 20 Nov 2014

Finnish food firm, Raisio, has announced the departure of its chief financial officer Jyrki Paappa.

Raisio buys UK, Ireland and Belgium Benecol ops

Hannah Abdulla | 19 Nov 2014

Finnish food group Raisio has announced the acquisition of the Benecol business in the UK, Ireland and Belgium from Johnson & Johnson in an EUR88.4m deal.

Raisio, Shefa launch Benecol in Brazil

Katy Askew | 17 Nov 2014

Raisio has introduced its Benecol brand to the Brazilian market in partnership with local dairy group Shefa.

Raisio 9M sales, earnings slide

Katy Askew | 4 Nov 2014

Raisio has booked a drop in sales and earnings for the first nine months of the year.

Editor's choice: highlights on just-food last week

Dean Best | 18 Aug 2014

Five months ago, Chiquita Brands International announced plans to merge with fellow banana supplier Fyffes. The deal was set to close by the end of the year. However, this week, an unsolicited takeover bid came in for Chiquita, which promptly rejected the offer. However, the suitors have indicated they may not go away easily. Elsewhere, our coverage of Russia's food embargo continued, we looked in-depth at the opportunities for growth in Japan in our latest management briefing and, in a new M&A column, we suggested Raisio sell up to private equity.

Quote, unquote: just-food's week in words

Hannah Abdulla | 18 Aug 2014

This week, Chiquita Brands International was in the limelight as it received an unsolicited takeover bid from Brazilian juice maker Cutrale Group. Elsewhere, ConAgra Foods announced the closure of two popcorn factories in Ohio, and Campbell Soup Co.'s Plum Baby business announced its exit from the UK. just-food's management briefing series took a trip to Japan to see how food companies can succeed in a low-growth market.

Shares plunge as Raisio cuts FY earnings outlook

Hannah Abdulla | 12 Aug 2014

Shares in Raisio plunged more than 7% today (12 August) after the Finnish food group forecast a fall in EBIT in 2014.

Raisio to grow "challenger" Provena brand

Katy Askew | 11 Jun 2014

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 restructures agro arm, 43 jobs lost

Katy Askew | 10 Jun 2014

Finnish food group Raisio has announced plans to restructure and streamline its agricultural arm, Raisioagro, with the loss of 43 jobs at the unit.

Latest blogs

What's the outlook for gluten-free in Europe?

Dean Best | 3 Jun 2015

The development of markets for gluten-free products in the UK and the US has grabbed much of the sector's attention in recent years but what are the opportunities in Europe? just-food has headed to Barcelona this week to find out.

Sugar Puffs cuts sugar - in more ways than one

Dean Best | 17 Oct 2014

Raisio, the Finland-based food group, is to lower the sugar content of UK cereal brand Sugar Puffs - and at the same time remove the ingredient from the product's name.

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