FINLAND/POLAND: Raisio margarine sale gets green light
By: just-food.com | 8 October 2009
The Polish competition authorities have approved the sale of Raisio's margarine business to US agribusiness Bunge.
The Finnish maker of Benecol announced the EUR80m (US$108.5m) deal in May.
Raisio said that Bunge would take on its margarine plants in Finland and Poland, as well as brands including Keiju and Masmix.
The transaction will be concluded "in the near future", the firm said today (8 October).
Sectors: Commodities & ingredients, Dairy
View next/previous articles
Currently reading -
FINLAND/POLAND: Raisio margarine sale gets green light
8 Oct 2009 -
8 Oct 2009 -
Related research
Pasta and Noodles in Finland to 2013
This databook provides key data and information on the pasta and noodles market in Finland. This report is a comprehensive resource for market, category and segment level data including value, volume, distribution share and company & brand share. Thi...
Related articles
UK: Glisten posts H1 profits as sale looms
UK snack maker Glisten this morning (21 March) booked a 10% rise in half-year profits in what is set to be the company's last set of results as a London-listed company.
UK: Glisten investors back sale to Raisio
Shareholders in UK snack maker Glisten today (12 March) gave the green light to the sale of the business to Finnish food group Raisio.
Top stories on just-food this week
The results of our reader survey on Kraft Foods' acquisition of Cadbury proved popular reading this week, with the majority of you predicting that the principal consequence of the deal would be plant closures and job losses.
There are currently no comments on this article
Be the first to comment on this article