Benecol products on the market in Hong Kong
Raisio plc Stock Exchange Release, 4 September 2013, at 9 a.m. (Finnish time)
BENECOL PRODUCTS ON THE MARKET IN HONG KONG
Raisio will launch its Benecol® Yogurt Drinks in Hong Kong on 4 September 2013. In Hong Kong, Raisio will implement a new alternative business model as the company itself and the local Benecol product distributor are jointly responsible for business operations. The launch of Benecol products in Hong Kong is part of Raisio's long-term efforts to enter new markets in the BRIC countries.
Hong Kong was selected as the first market area for the alternative business model on the basis of market surveys commissioned by Raisio. Wing Kee Produce Ltd operates as a local distributor of Benecol products in Hong Kong and Raisio works closely together with the distributor to further develop the business.
Hong Kong has a population of more than 7 million people, and according to local studies, more than 40 per cent of adult population has elevated cholesterol levels. A significant proportion of these people form a potential user group of Benecol products and Raisio provides them with a new way to lower cholesterol effectively and naturally. Benecol Yogurt Drinks will be available in major retail chains and department stores in Hong Kong. The launch is supported with an extensive advertising campaign and information services intended for healthcare professionals.
The majority of foods sold in Hong Kong are imported from abroad. Benecol Yogurt Drinks for Hong Kong market are produced by Raisio’s long-time Benecol partner Emmi in Switzerland. Swiss products carry a top quality image in Hong Kong and millions of consumers around the world already rely on the cholesterol-lowering efficacy of Benecol products.
“We see Asia as an important future market area for Benecol products and the Hong Kong launch offers a great opportunity to develop Benecol business in this region. We will actively continue negotiations with new potential license partners in order to launch Benecol products in new markets especially in Asia and South America" says Mikko Laavainen, Vice President responsible for Benecol business.
RAISIO PLC
Heidi Hirvonen
Communications and IR Manager
tel. +358 50 567 3060
Further information:
Mikko Laavainen, Vice President Licensed brands, tel. +358 40 576 8348
Raisio Group briefly
Raisio plc is an international specialist in plant-based nutrition. Raisio’s operations are divided into two divisions: Brands and Raisioagro. The Group’s key market areas are Finland, Great Britain, the Czech Republic, Russia, Ukraine, Poland, Estonia and Sweden. Raisio plc’s shares are listed on NASDAQ OMX Helsinki Ltd. In 2012, the Group's net sales totalled EUR 584 million and EBIT was EUR 35 million. The Group employs some 1,900 people. Raisio’s best-known brands are Benecol, Honey Monster, Elovena, Fox’s, Dormen, Juicee Gummee, Poppets and Benemilk.
Distribution
NASDAQ OMX
Key media
www.raisio.com