Finnish dairy firm Valio has announced an investment of €30 million ($34 million) in a new cheese maturation warehouse at its production plant in Joensuu. The investment will cover the construction of the expanded warehouse expansion and automation of its operations, and it is expected to begin this month. As a result of the upgrade, cheese production will gradually be transferred to Joensuu from an existing facility in Vantaa. Presently, the Joensuu …
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Valio
Valio, the Finnish dairy company, has announced that it is acquiring the plant protein business of food business Raisio. The deal, valued at €7 million ($7.28 million), includes production equipment at Raisio’s plant protein factory in Kauhava, Finland, as well as the Harkis and Beanit brands. Commenting on the deal, Valio senior vice president Kimmo Luoma said: “This business acquisition will make us an even more significant developer and producer …
Leading Finnish food firm Valio has announced it has entered into an agreement to acquire Gold&Green, known for the Pulled Oats plant protein brand, from food and drinks firm Paulig for an undisclosed sum. The agreement includes all the rights to the Gold&Green brand, intellectual property, and research and development, but does not include other Gold&Green Foods operations or the Gold&Green Foods production site in Jarvenpaa, Paulig said in a …
Finnish dairy firm Valio has announced that will merge two of its co-operatives into a new co-operative ready to launch on 1 September 2019. Based in Lapinlahti, the new co-operative, a result of the merger of Osuuskunta ItaMaito and Osuuskunta Maitosuomi, will be known as Osuuskunta Maitosuomi and will be Valio’s largest single shareholder with a stake of 42.7%. It will also be Valio’s leading supplier of raw milk, providing …
Finnish dairy firm Valio has announced that it is re-entering the ice cream market after a gap of 10 years with a new line of lactose-free products. Produced at Valio’s Oulu dairy in northern Finland, and available in stores from this March, the line is promoted as a new alternative within the super premium ice cream segment and comes in six flavour combinations: crazy caramel with a hint of salt, …
Finnish dairy firm Valio is to start selling lactose-free milk powder in China via online channels, according to a report in ESM. The launch, described as the first lactose-free consumer offer on the market, will reportedly see packaged milk made available in skimmed, semi-skimmed and whole varieties. The product range is intended to benefit from a long shelf life to be suitable for consumers that don’t drink milk every day, and …
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