Latest Insights

Raisio interim CEO Jarmo Puputti eyes growth and the top job - interview 16 May 2017

Finland-based Raisio – the company behind brands including Elovena cereal and the cholesterol-targeted Benecol – has had an eventful year, including the departure of long-time chief executive Matti Rihko. Four months on from Rihko’s resignation, Raisio has yet to appoint a replacement. One of Rihko’s colleagues, Jarmo Puputti, was handed the job on an interim basis and he is attempting to get sales and profits growing again after a year of declines. Puputti speaks to Dean Best about Raisio’s performance in the early months of 2017, his plans for growth and his bid to take the top job permanently.

SIAL 2014: Valio hopes to overcome Russian woes 10 Nov 2014

Valio is facing some significant challenges. The Finland-based dairy group is grappling with the closure of the Russian border as well as the decline in industrial markets for dairy ingredients. However, the company is also working to identify new growth avenues, such as its lactose-free technology. Katy Askew spoke to Kari Finska, SVP of Russia and eastern markets for Valio, to find out more.

M&A Watch: Why Raisio should sell to private equity 14 Aug 2014

Raisio, the Finland-based group behind brands including Benecol, Honey Monster cereals and Fox's confectionery, has, in recent years, tried to grow via M&A. However, Stefan Kirk of M&A advisors Glenboden questions the company's strategy and believes it should be sold to a private-equity firm to unlock value.

ANUGA 2013: Interview: HKScan focused on driving brands 11 Oct 2013

Scandinavian meat group HKScan plans to focus on product development and brand building in order to grow the proportion of sales it generates from added value products. Katy Askew spoke to Magnus Sjohlm, VP of business development, at this year's Anuga to find out more about the company's new-found focus on NPD.

Interview: "Low performance" HKScan's greatest challenge - CEO 26 Sep 2013

Scandinavian meat-to-convenience foods group HKScan has downgraded its operating profit forecast for 2013 today. While the company has delivered on the turnaround plan it unveiled last year, it said export pressures and a shift in its product mix would hit EBIT. Nevertheless, CEO Hannu Kottonen insists HKScan will continue to drive operational improvements in the coming 12 months.

Latest News

Apetit cuts EBIT forecast amid grain woe 3 Aug 2018

Apetit, the Finland-based agri-food group, today (3 August) lowered its forecast for its 2018 "operational EBIT", warning about the prospects for the domestic grain crop.

Raisio CFO Antti Elevuori to step down 2 Aug 2018

Finland-based manufacturer Raisio has announced its chief financial officer Antti Elevuori is to step down.

Atria cuts forecasts for 2018 sales, EBIT 19 Jul 2018

Finland-based meat processor Atria has lowered its forecasts for its annual net sales and EBIT.

Loss-making HKScan hopes to realise EUR40m in savings under efficiency drive 19 Jul 2018

Loss-making Nordic meat processor HKScan is targeting savings of EUR40m (US$46.5m) to be realised in 2020 under its previously-announced rationalisation programme to improve efficiencies and return the business to profit.

HKScan job losses loom amid production review in Finland 25 Jun 2018

Nordic meat processor HKScan is reviewing its production operations in Finland with the potential loss of 211 jobs under what it says is a rationalisation programme to boost profits.

Apetit invests in Finnish peer Foodwest 20 Jun 2018

Finland-based food group Apetit has invested in local contract manufacturer and product developer Foodwest.

Industrial dispute sees workers walk out at HKScan facility 15 Jun 2018

Nordic meat processor HKScan has become embroiled in an industrial dispute, with 34 employees at one of its Finnish facilities downing tools.

Finland's Apetit invests to meet demand for vegetable-based foods 15 Jun 2018

Apetit plans to invest EUR9.7m (US$11.2m) in a new production plant as the Finland-based food firm seeks to take advantage of growing demand for vegetable-based products.

HKScan invests in pig plant in Sweden as part of China export push 4 Jun 2018

Nordic meat processor HKScan is investing almost EUR7m (US$8.2m) in its Kristianstad pig slaughterhouse in Sweden. 

Raisio revises 2018 sales forecast 4 May 2018

Finland-based manufacturer Raisio has today (4 May) issued a change to its forecast for annual sales from its continuing operations.