date:Mar 07, 2013
Norwegian Kavli Group is to buy the fixed assets and some brands of Raisios non-dairy business. Raisio has produced oat, soy and rice-based non-dairy products at its factory in Turku since 2006. The non-dairy business has annual net sales of around 7 million. The sale of the business is part of Raisios move towards focusing on its core activities.
Raisio is a Finnish company whose brands include Benecol.
Through the deal, Kavli will acquire the Nordic Milkfreedom and Soygurt brands, as well as