Raisio Appoints Paulig Executive To Lead M&a Directive

Benecol prpducts. Credit: Benecol products. Credit: Marko-Chie / Shutterstock.com

Raisio has created nan position of M&A head to thief thrust its acquisition schedule nether nan Finnish wellness nutrient group’s caller strategy and structure.

Anni Palmio has been appointed to nan role, joining nan publically listed Benecol marque proprietor from different Finnish CPG company, Paulig. There, she was nan strategy and M&A head since 2019. She has besides held marque and trading roles astatine frozen-food patient Findus (Nomad Foods) and successful confectionery astatine Haribo.

CEO Pasi Flinkman introduced a new three-year strategy successful March, replete pinch a caller group of financial targets and a alteration successful business structure, on pinch an inherent scheme to summation marketplace stock done acquisitions. Entry into caller categories would besides characteristic successful nan objectives.

To assistance Palmio, Raisio said coming (12 August) that it has besides now formed an M&A committee. It will assistance nan company’s committee successful nan “processes and nan improvement of strategical activity related to M&A”.

“Acquisitions tin fortify Raisio’s marketplace positions, support nan company’s existent maturation categories aliases thief grow into caller categories. We are delighted to invited an M&A master pinch beardown FMCG acquisition to our team,” Flinkman said successful a connection today.

Raisio reorganised its business successful nan outpouring into 2 physical, category-focused areas, and a 3rd to ore connected caller business.

Breakfast and snacking, and bosom health, shape nan first two. In those areas, nan Elovena granola oatmeal and oat drinks marque proprietor said it would activity to outpace marketplace growth.

In summation to nan Benecol cholesterol-fighting yogurt and spreads line, Raisio besides owns nan Torino pasta marque and Nalle porridge. The business besides supplies nan B2B assemblage pinch oat-based ingredients.

Raisio besides reported its first-half results successful a abstracted announcement today.

Net income dipped 0.4% to €112.4m ($130.4m) successful nan six months done June, while profits roseate successful nan double-digit area.

Comparable EBITDA climbed 12% to €18.7m and EBITDA was up 17% astatine €18.1m.
Comparable EBIT accrued 20% to €14m and regular EBIT roseate 28.8% to €13.4m.

Earnings per stock edged up to €0.07 from €0.06.

Raisio laid retired immoderate longer-term targets successful March to travel nan restructuring.

It group a extremity to execute €250m successful income by nan extremity of 2027, representing a much than 10% summation successful integrated position from past year’s people of €227m.

The institution is besides targeting EBIT of €30m complete nan strategy period, astir 28% much than nan €23m recorded successful 2024.

Flinkman commented connected nan latest results: “In statement pinch nan objectives and scheme for this strategy period, which emphasised improving profitability astatine nan opening of nan period, our net person developed faster than our income during nan first half of nan year.

“In nan agelong run, however, accelerating integrated maturation is critical. Improved margins done streamlined operations will alteration either greater trading investments aliases much fierce pricing, depending connected marketplace demand. This intends that by improving our net and efficiency, we are laying nan instauration for faster growth.”