FDBusiness.com

Lantmännen Acquires Cattle Feed Business From Raisio

 Breaking News
  • Carlsberg Group Delivers Strong First Half Carlsberg Group has increased operating profit organically by 14.2% in the first half of 2018 with all three of its regions – Western Europe, Asia and Eastern Europe – delivering very solid performances. Organic net revenue growth was 5.1%. Reported operating profit rose by 6.0% to DKr4.373 billion (€586.5 million), impacted by negative currency factors [...]...
  • Levi Roots Caribbean Snack Pots Launched by Aimia Foods Aimia Foods is introducing to the market ‘Levi Roots Caribbean Snack Pots’, a range of On the Go Instant Snack Pots, that consumers simply add hot water to and stir for ease of preparation. Using natural, clean ingredients, the products have an authentic, home cooked taste and incorporate the Levi Roots Caribbean vibe, flavours and recipes. Michelle [...]...
  • National Food & Drink Business Conference and Exhibition 2018 – Citywest Convention Centre, Dublin – Wednesday, September 5th The National Food & Drink Business Conference and Exhibition 2018, Ireland’s premier trade event for the food and drink processing, packaging, ingredients and logistics industries, is being held at the Citywest Convention Centre on Wednesday, September 5th, 2018. The theme of the 2018 National Food & Drink Business Conference and Exhibition is ‘Collaborating for an Innovative [...]...
  • 2 Sisters Outlines Transformation Agenda Ronald Kers, the new chief executive of 2 Sisters Food Group, has spelled out his vision for the future of the company. His first 100 days have been taken up with an assessment of the opportunities for the group and creating the new initiatives he plans to put in place. Ronald Kers comments: “2 Sisters can [...]...
  • General Mills Announces Significant Growth Across its UK Snacking Division General Mills is launching new lines across both its Fibre One and Nature Valley portfolios, as it reveals its snacking division has grown +35.4% and household penetration has grown +12.1 percentage points to 25.3%[1] – equating to the size of London[2]. Cake Bars will be added to Fibre One’s guilt-free snacking range in two flavours: Triple Choc [...]...

Lantmännen Acquires Cattle Feed Business From Raisio

Lantmännen Acquires Cattle Feed Business From Raisio
May 04
10:00 2018

Lantmännen, the Nordic Region´s leader in agriculture, machinery, bioenergy and food products, is acquiring the cattle feed business from the Finnish listed company Raisio Group. The acquisition is part of Lantmännen’s growth strategy in the Baltic Sea region and strengthens the group’s presence on the Finnish market by expanding its offer to farmers there.

Lantmännen is acquiring Raisio’s cattle feed business including two feed factories and sales of inputs for plant cultivation. Raisio’s cattle feed business is a big player on the Finnish agricultural market, with a 35% market share and had sales (in 2017) of €74 million. Acquiring Raisio’s cattle feed business enables Lantmännen to further broaden its offer and strengthen its presence within agribusiness on the Finnish market.

“The acquisition strengthens Lantmännen’s position in the grain value chain in the Baltic Sea region. We already have large holdings in the bread and malting industry plus an established agriculture business through Lantmännen Agro Oy, with independent distributors throughout the country. Adding yet another business segment within our agriculture based business in Finland makes us a more complete business partner for Finnish farmers,” says Per Olof Nyman, Group President and CEO of Lantmännen.

The acquisition includes over 70 employees. In addition to its principal business, feed production, Raisio’s cattle feed business pursues research and development into animal feed and is a leader in the digitalisation of agriculture services.

The transaction is expected to be completed no later than quarter three 2018, following the approval of the relevant competition authorities.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 12, 2018Packaging Innovations & Luxury Packaging London 2018
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements