RAISIO TO OUTSOURCE ITS LABORATORY OPERATIONS
Raisio plc Stock Exchange Release 3 July 2008
RAISIO TO OUTSOURCE ITS LABORATORY OPERATIONS
On 3 July 2008, Raisio and Eurofins Scientific Finland Oy have signed business
transfer related agreements by which Raisio outsources its laboratory operations
to Eurofins. The 45 employees of Raisio's laboratory services will transfer to
the employment of Eurofins on 1 September 2008 when the company takes over the
laboratory business and assumes responsibility for the laboratory services
needed by Raisio.
The adjustment of laboratory operations to Raisio's current needs and the market
situation will make the company's operations more efficient, lead to significant
cost savings in the coming years and enable Raisio to focus on its core
competence. Outsourcing laboratory analytics to an important international
player will ensure that Raisio gets services that meet its needs in the future,
as the field continues to grow more technical and the level of demands rises.
Raisio opted for outsourcing in order to ensure the availability and development
of versatile laboratory activities. Eurofins will acquire the microbiology, fat,
ingredients, research and grain laboratories, as well as sensory analysis
operations. The company will rent its laboratory facilities from Raisio, which
means that the operations will continue to be run at Raisio's site.
Eurofins Scientific Finland Oy's objective is to become Finland's leading
provider of bioanalytics services. The headquarters of the company's Finnish
operations are located in Tampere. Eurofins will set up a centre of excellence
specialising in food analytics to ensure that Raisio's solid and unique
competence is maintained and further developed. The versatile services produced
at the Raisio laboratories will also be offered to other companies and players
in the region. Eurofins Scientific Finland Oy is part of the international
Eurofins Scientific Group, founded in 1997. The company has laboratories in 29
countries and it employs 7,000 people. Eurofins is a well-known and growing
expert in food, environmental, medical and biotechnology analytics.
RAISIO PLC
Heidi Hirvonen
Communications Manager
Tel. +358 50 567 3060
Further information:
Raisio plc, Vesa Kurula, Vice President, Operations, tel. +358 400 478 169
Eurofins Scientific Finland Oy, Jarno Kalpala, Managing Director, tel. +358 400
422 836
Distribution
OMX Nordic Exchange, Helsinki
Key media
www.raisio.com