RAISIO GROUP SOLD CARLSHAMN'S ICE-CREAM
Raisio Group plc Stock Exchange Release
13 January 2003 at 13.15 Finnish time
RAISIO GROUP SOLD CARLSHAMNS ICE-CREAM BUSINESS
Carlshamn Mejeri AB, part of Raisio Group plc, and Åhus Glass AB
(publ), part of Ingman Foods Oy Ab, agreed today on selling the
Carlshamn Mejeris ice-cream business in Sweden to Åhus Glass AB
(publ) according to the letter of intent signed in December. The
turnover of the ice-cream business was about EUR 15 million in
2001. The parties have agreed not to disclose the price of the
planned transaction.
Selling the ice-cream business is part of Raisio Group strategy to
release capital in order to develop core businesses. Through this
deal Ingman Foods strengthens substantially its position in the
Swedish ice-cream market.
RAISIO GROUP PLC
Taru Narvanmaa
Executive Vice President, Communications and IR
Further information:
Taru Narvanmaa, Executive Vice President, Communications and IR,
Raisio Group, tel. +358 2 443 2240 or +358 50 590 9398
Robert Ingman, Managing Director, Ingman Foods Oy Ab,
tel. +358 9 272 001 or +358 50 1621