Raisio plc: Raisio to consider the divestment of its feed businesses as a strategic alternative
Raisio plc, Stock Exchange Release, 31 January 2018, at 8:30 a.m. Finnish time
RAISIO TO CONSIDER THE DIVESTMENT OF ITS FEED BUSINESSES AS A STRATEGIC ALTERNATIVE
In December 2017, Raisio divested its confectionery business and is now considering a sale of its cattle and fish feed businesses as one strategic alternative. Raisio has initiated negotiations on the divestment of its feed businesses with several operators. The grain trade business is not for sale. During the negotiations, Raisioagro continues business as usual.
Raisio will publish a stock exchange release if the divestment is carried out. Raisio will do so also in case the negotiations come to an end without results and the development of the feed businesses will be continued as part of the Group.
RAISIO PLC
Heidi Hirvonen
Communications and IR Manager
Tel. +358 50 567 3060
Further information:
Pekka Kuusniemi, President and CEO of Raisio plc, tel. +358 50 537 3883
Raisio plc
Raisio is an international food and feed company focusing on wellbeing and profitable growth. The core of Raisio’s strategy consists of plant-based, healthy and responsible branded products. Benecol is an international success story in cholesterol lowering. Our well-known local brands include Elovena, Nordic, cattle feed Maituri and Baltic Blend fish feeds. We promote sustainable food chain and develop innovations to enhance wellbeing. Raisio plc’s shares are listed on Nasdaq Helsinki Ltd. In 2016, the Group's net sales totalled EUR 436 million and comparable EBIT was EUR 50.7 million. The Group employs some 400 people. For more information on Raisio go to www.raisio.com/en
Distribution
Nasdaq
Key media
www.raisio.com