Latest Insights

Raisio CEO Pekka Kuusniemi sets out stall to grow Benecol maker - interview 2 Jan 2019

Finland-based Raisio has had a challenging couple of years but, under recently-installed CEO Pekka Kuusniemi, the company has a new strategy for growth. Dean Best found out more.

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.

Latest News

Nordic group Kavli buys Finnish vegetarian-food firm Verso Food 8 Mar 2019

Kavli, the Nordic food manufacturer, has struck a deal to acquire a supplier of vegetarian foods based in Finland.

Hundreds of job losses announced as HKScan aims to "improve cost efficiency" 6 Feb 2019

Finnish meat processor HKScan has revealed plans to "improve its competitiveness in all its markets" after a disappointing set of fourth-quarter results.

Fazer to invest EUR40m in new Finland plant 15 Jan 2019

Finland's Fazer Group is investing in a new domestic production plant after announcing earlier this week it planned to close one of its facilities.

Fazer to close bakery in Finland to reflect changing business model 14 Jan 2019

Finnish food company Fazer Group has announced it is planning to close one of its domestic bakeries to reflect a changing business model.

Raisio cuts 2018 EBIT forecast 14 Dec 2018

Benecol-to-Elovena manufacturer Raisio has lowered its forecast for a key profitability metric for 2018.

Raisio sets out sales target 4 Dec 2018

Finland's Raisio, the manufacturer behind brands including Benecol and Elovena, has outlined the level of sales it expects to hit in 2021.

Orkla to buy pizza restaurant chain Kotipizza 22 Nov 2018

European food manufacturer Orkla today (22 November) announced a move to acquire the owner of a chain of pizza restaurants.

Finland's Apetit to offload sales unit 9 Nov 2018

Apetit, the Finland-based vegetable products supplier, is to sell another business as the company seeks to sharpen its focus.

Arla employs blockchain in Finland to offer traceability 6 Nov 2018

European dairy business Arla Foods claims to be the first in its field to use blockchain technology to provide information on its supply chain.

HKScan confirms 165 lay-offs in cost-savings drive 10 Oct 2018

Nordic meat processor HKScan is to cut 165 staff as part of a review to realise cost savings and return the business to profit.