Valio

© Raisio Group / Kuvatehdas - Roni Lehti
Investments & Acquisitions

Raisio Sells Plant Protein Business to Finnish Dairy Giant Valio in €7M Deal

The food company Raisio will sell its plant protein business and the Härkis® and Beanit® brands, under which plant protein products have been marketed, to the Finnish dairy and food company Valio. The price of the deal is €7 million, which will be paid to Raisio in cash upon the transfer of the business. The companies have signed a purchase and sale agreement for the sale of the plant protein business, the related fixed assets and the Härkis® and Beanit® fava bean brands. The fixed assets include, among other things, the equipment of the factory producing plant protein products in Kauhava.  The plant protein business employs 16 people, who will be transferred to Valio as existing employees as part of the deal. Raisio has been a …

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Fermented fats

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Fermentation

Melt&Marble Partners With Valio to Develop Plant-Based Foods Containing Fermented Fats

Melt&Marble, a Swedish startup producing fat ingredients using precision fermentation, has partnered with major Finnish food company Valio to develop plant-based foods made with fermented fats. The long-term research collaboration will involve studying the properties of new types of fat produced by Melt&Marble, before commercializing plant-based foods containing the fats. These should have improved mouthfeel, structure, and succulence compared to existing plant-based alternatives. The fermented fats will need to gain novel foods approval to be sold on the European market, meaning it will take several years for the products to arrive on supermarket shelves. In the US, Melt&Marble’s products will undergo the FDA’s Generally Recognized as Safe notification process, which should allow for faster approval. Consequently, commercialization may begin in the US by the end …

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