Fazer, the leading Finnish food group, has announced it will be ceasing dairy production at the Koria factory in southern Finland by the end of August 2023, with 82 jobs expected to be affected. Fazer noted it was only a small player in the highly-competitive Finnish dairy industry, mainly producing private label products, and that the changes were part of its strategy to focus on its core plant-based business. “Efficiency …
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Fazer, the leading Finnish bakery and confectionery firm, has announced the acquisition of the Swedish plant-based drink producer Trensums Food from Profuragruppen for an undisclosed sum. Trensums Food is a growth company and a leading oat drink producer in Europe, the company was the first in the world to commercially produce oat drinks selling its products to a large part of the world. The acquisition will provide Fazer with a …
Fazer, the Finnish dairy and confectionery firm, is considering closing a production facility for its Yosa brand of oat-based products, according to a FoodBev report. The plant in Kaarina, south-west Finland, is reportedly being shut as part of an efficiency drive, with production moving to another manufacturing site in the town of Koria. While noting that non-dairy oat-based products were playing a “key role” in the development of the business, Heli …
Fazer, the leading Finnish bakery and confectionery firm, has announced it has agreed to Kaslink, a family-owned company specialising in Scandinavian cooking products, drinks and snacks, for an undisclosed sum. Kaslink’s product range includes Aito Oat Milk, Maire dairy products, Koria protein drinks, Vesi Water and Nordic Cuisine cooking sauces. The firm had net sales €65 million ($73 million) in 2018 and employs 170 staff. “With this acquisition, Fazer is …
Fazer, the Finnish bakery and confectionery firm, has announced the introduction of a new line of chocolate for the US market under the brand Nordi. Launching into the New York metropolitan area, the Nordi chocolate line is described as being made with 70% cocoa and comprises the varieties Sea Buckthorn & Salty Caramel, Hazelnut and Campsite Coffee, Raspberry & Tangy Licorice, and Smooth and Dark Original. Following its initial launch, …
Fazer, the leading Finnish food group, has announced multiple changes to its manufacturing operations in its home market, with the opening of a new plant-based foods factory and the possible closure of another facility making pre-packaged bread. The firm is investing €40 million ($46 million) to construct a new plant-based foods plant in the city of Lahti, in a move Fazer said would strengthen its position “as a forerunner in …
Gama spoke to Mikko Lindqvist, Vice President, Marketing & Portfolio, Fazer. Is packaged bread being threatened by the rise of low carbohydrate diets? If so, how is Fazer responding? Low carbohydrate diets had a big impact on the bread market some years ago. From there the market has recovered and new trends have emerged. The public discussion about carbohydrates is more balanced currently and the benefits of wholegrains, especially oat …
Fazer, the bakery and confectionery producer, has announced that it has acquired fellow Finnish firm Bioferme, a specialist in the manufacture of oat-based foods. Established in 1977, Bioferme owns the established Yosa brand in Finland. Its portfolio consists of fermented oat products, including a range of non-dairy yoghurts, as well as recently-introduced cooking products. Fazer said that acquiring Bioferme would give it a “strong start” in the “rapidly growing” segment …
Gama Innovation Award – Positioning MANCHESTER – 28th June 2016: This month, the Gama Innovation Award – Positioning goes to a new product that brings the nutritional power of vegetables to the bread category – Fazer Vegetable Bread. Fazer, the Finnish bakery firm, is set to test consumer perceptions in the bread category with “a new kind of bread in which more than one third of the flour has been replaced by vegetables”. …
Fazer, the Finland-based confectionery and bakery firm, has announced the signing of a statement of intent as a basis for strategic cooperation in building a new production plant for the firm in Russia. The company said it was considering building a new and modern plant to produce frozen bakery goods, with potential expansion into fresh bakery products. The approximate project timeline is 10 years from 2016. Fazer already has four operating bakeries …
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