Huhtamaki renews its 2030 sustainability ambitions, merges two business units

FINLAND – Food packaging solutions provider, Huhtamaki has unveiled its renewed long-term 2030 strategy and sustainability ambitions as part of the company’s strategy to maintain a growth trajectory and meet future transformative trends. Going forward, […]

HKScan to invest US$6.62m in expanding poultry processing facility in Finland

FINLAND – Meat and food company, HKScan has unveiled plans of investing €6 million (US$6.62m) in the new slaughter process of its poultry unit in Rauma, Finland. HKScan expects the investment to significantly improve raw […]

Fazer Group acquires Finish gluten-free bakery and milling businesses

FINLAND – Finland-based food processor, Fazer Group has acquired Vuohelan Herkku’s bakery and milling businesses as the company continues executing its growth strategy and investing in growing product categories. Vuohelan is one of the forerunners […]

Raisio invests US$50m in plant-based value added products facility

FINLAND – Raisio Group is investing approximately €45 million (about US$50 million) in building a production facility to manufacture plant-based value added products. The facility is scheduled to be completed in 2021 and will complement […]

Finish dairy firm Valio aims to become carbon neutral by 2035

FINLAND – Sustainably produced food is a hot market and companies are increasingly putting more emphases on reducing their carbon footprint. To increase the company’s competitive advantage, Finnish dairy products manufacturer, Valio has set an […]

Huhtamaki launches new compostable double wall Impresso cup

FINLAND – Finnish food packaging company, Huhtamaki has launched a new compostable double walled Impresso hot cup, expanding its existing Bioware compostable range. The new cup features a unique Impresso bubble emboss which provides enhanced […]

Fazer acquires Finnish food products company Kaslink

FINLAND – Finland-based food processor, Fazer Group has agreed to acquire Kaslink Foods, a family-owned company specialized in premium Scandinavian food products. Kaslink whose portfolio includes cooking products, drinks and snacks also makes nutritionally rich […]

Finnish group Raisio to invest US$51m in new plant-based foods facility

EUROPE – Raisio Group has said that it is investing about US$51 million (EUR 45 million) in a new plant-based food production facility. This is in response to the growing demand for plant-based food products […]

Finland’s Fazer Group to sell food service business for US$538m

EUROPE – Finnish fast-moving consumer goods company, Fazer Group has agreed to sell its Fazer Food Services business to British foodservice company Compass Group for an enterprise value of approximately €475 million (US$538 million). The […]