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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...

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.

Dean Best | 7 Feb 2011

In what was a record week for just-food in the volume of stories published, the political crisis in Egypt and its impact on the food sector took centre stage.

Michelle Russell | 4 Feb 2011

The announcement this morning that Raisio has purchased UK-based Big Bear Group, owner of brands like Sugar Puffs cereals, comes as no surprise, given that the deal has been rumoured for some time.

Dean Best | 18 Mar 2008

Finsbury Food Group, the UK cake maker, has thrived despite soaring commodity costs and growing concern among consumers over following a more balanced diet. Chief executive Dave Brooks told Dean Best about the reasons behind the success of the business and why he believes Finsbury is well-placed to grow despite an ever-more turbulent operating environment.

Latest Interviews

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.

Dean Best | 28 Jun 2013

UK herbs and spices business The Bart Ingredients Company has gone through something of an overhaul since ex-Kerry Group and Glisten executive David Collard took the helm two years ago. Dean Best met with Collard to discuss the relaunch of the Bart brand and the broadening of its portfolio amid what he called the most competitive trading conditions in 20 years.

Latest News

Dean Best | 22 Oct 2013

Finnish food group Raisio has confirmed its Glisten confectionery site in the UK town of Skegness will close.

Michelle Russell | 30 Aug 2013

UK snacks and confectionery firm Glisten, owned by Finnish food group Raisio, has entered into consultation over plans to close its Skegness plant, putting around 92 jobs on the line.

Dean Best | 1 Jul 2013

General Mills unveiled plans for a raft of new products last week as it seeks to improve sales across its business, particularly in the Yoplait owner's yoghurt division. There was a major piece of consolidation in the French dairy sector this week, with dairy co-ops Sodiaal and 3A to merge. We discussed FrieslandCampina's sustainability strategy with its CSR director, while we also interviewed the CEO of The Bart Ingredients Company about his moves to revitalise the UK firm.

Katy Askew | 22 Aug 2012

Finnish food group Raisio has established two branded divisions, which will run its consumer and licensed products.

Sam Webb | 20 Dec 2011

Finnish food group Raisio today (20 December) increased its forecasted EBIT for its 2011 financial year on the back of profits from its UK operations. | 10 May 2011

Finnish food group Raisio said that first-quarter profitability was "undermined" by costs relating to a number of growth projects. | 11 Feb 2011

Commodity costs was a central theme this week and the likes of Kraft Foods and PepsiCo, announcing their annual results, said the pressure, which began in earnest in the second half of 2010, would continue into 2011. Meanwhile, the race for Yoplait heated up, with nine bids coming in for the yoghurt brand. Premier Foods sold off another asset, this time offloading its canned grocery business to Princes. And, on our insight pages, we took a look at the UK convenience retail channel, the debate over eco-labelling and spoke to French dairy business Candia about operating in north Africa and the Middle East. | 10 Feb 2011

Finland-based food group Raisio saw sales and profits rise in 2010, driven by the purchase of UK snack maker Glisten in the early part of the year. | 4 Feb 2011

Finland-based food group Raisio has bought UK-based Big Bear Group, owner of brands like Sugar Puffs cereal, for EUR95.3m (US$130m).

Michelle Russell | 31 Jan 2011

Finland-based food group Raisio has said that it is eyeing acquisition opportunities in a bid to grow its business further in Europe. | 2 Nov 2010

Finland-based food group Raisio today (2 November) posted a fall in third-quarter profits despite the company's sales rising almost 25%. | 4 May 2010

Finnish food group Raisio today (4 May) insisted that it would expand revenues during fiscal 2010, despite booking a drop in first-quarter sales. | 22 Mar 2010

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. | 12 Mar 2010

Shareholders in UK snack maker Glisten today (12 March) gave the green light to the sale of the business to Finnish food group Raisio. | 12 Feb 2010

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. | 12 Feb 2010

There was plenty to chew over this week on obesity with Michelle Obama's launch of a US campaign to encourage healthy eating and exercise and the UK's ban on product placement for junk food. Snacks giant PepsiCo sets out its stall to make its portfolio more healthy, while yoghurt maker Danone outlined plans for international expansion. Here is the best of who said what this week. | 11 Feb 2010

Finnish food group Raisio warned this morning (11 February) that its plans for growth over the next two years means the company will miss its profit targets in 2010.

Dean Best | 10 Feb 2010

Raisio, the Finnish food group, said today (10 February) that the company had made an offer for UK firm Glisten due to the recent growth in "premium", healthy snacks.

Dean Best | 10 Feb 2010

Raisio's bid to buy Glisten is a "win-win" deal for both companies, the chairman of the UK snacks firm told just-food today (10 February). | 10 Feb 2010

Raisio, the Finnish food group behind the Benecol brand, has made a EUR22.8m (US$31.4m) bid to buy UK snack maker Glisten. | 10 Dec 2009

UK snack group Glisten announced today (10 December) that David Wallis will succeed Jeremy Hamer as chairman, with immediate effect. | 2 Nov 2009

Glisten's chief executive has revealed that issues at the group's Halo Foods business coupled with depressed demand due to the economic downturn dented profitability at the UK snack group, which today (2 November) posted a 49% drop in pre-tax profits.

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