Headquarters Finland | Founded 1939 | |
 | ||
Stock price RAIVV (HEL) € 3.54 +0.01 (+0.28%)23 Mar, 6:29 PM GMT+2 - Disclaimer Subsidiaries Carlshamn Mejeri AB, Fox's Confectionery Profiles | ||
Raisio Oyj, known internationally as Raisio Group (Nasdaq Helsinki: RAIVV), is a Finnish company that makes cereal products and animal feeds and engages in life-sciences. The headquarters are situated in Raisio, Finland.
Contents
Raisio's operations are divided into two divisions: Brands and Raisioagro.
The Brand divisio’s main products include breakfast, snack and baking products, cholesterol-lowering functional foods, the ingredient of plant stanol ester in Benecol products as well as activities related to the international commercialisation of the Benemilk innovation. The most recognised food brands are Benecol, Elovena, Provena, Sunnuntai, Honey Monster, Nordic, Fox's, Poppets and Juicee Gummee.
Raisioagro’s focus is on cattle and fish feeds, grain trade and online store. Raisioagro's most recognised feed brands are Benemilk, Maituri and Hercules. They are commercialized mainly in Finland.
Raisio Group’s net sales in 2014 totalled almost EUR 500 million. At the end of 2014, Raisio Group employed over 1860 people of which about 20% located in Finland and the rest oversees. Raisio has production sites in four countries and in 12 locations. The Group's key market areas are Finland, the UK, Russia, Ukraine, Poland and the Czech Republic. Markets for the Benecol ingredient are global.
Sustainable growth from innovations
In its strategical phases Raisio moved in 2010 to the growth phase that is still continuing. Raisio is growing organically and through acquisitions. The core of Raisio's strategy includes innovations and healthy, ecological snacks. Raisio’s innovations include the cholesterol-lowering Benecol as well as Benemilk with its ability to increase milk yield and improve contents of milk.
History
Raisio plc was established in 1939 in Finland. Raisio got its start as Oy Vehnä Ab, a mill founded by Finnish wheat farmers to grind the wheat grown by its shareholders and to market the flour. In 2004, the company divested its paper chemical division, Raisio Chemicals, to Ciba Specialty Chemicals. In 2009, Raisio sold its margarine business to Bunge Limited. Raisio Group acquired the British food company Glisten in 2010. The next year, Raisio acquired Big Bear. In November 2014 Raisio acquired the Benecol business from the affiliates of Johnson & Johnson in the UK, Ireland and Belgium and amended the agreement on the Northern American markets of Benecol.