Raisio sold its UK Snack Bar business
Raisio plc Stock Exchange Release, 13 July 2016, at 9.30 a.m. Finnish time RAISIO SOLD ITS UK SNACK BAR BUSINESS Raisio Group has sold Halo Foods ltd to hands-on investor Nimbus with an agreement signed on 12 July 2016. Halo Foods’ business and employees in the UK have been transferred to the new owner. CEO Matti Rihko says that Raisio will withdraw from manufacturing of snack bars marketed to consumers under its partners' brands and focus on the development and marketing of proprietary branded products. “For Raisio, it is important to expand the range of its branded products