Raisio Group’s employee co-operation negotiations launched at the end of January 2018 have been largely completed. At this point, it was decided that a total of 20 employments will be terminated. The terminations will be carried out through retirements, voluntary arrangements and redundancies, and partly through the termination of fixed-term employment contracts.
Raisio’s initial estimate of the reduction need was 30 jobs and it is expected to take place gradually. Once Raisio has completed the negotiations related to the possible divestment of its feed businesses announced at the end of 2018, it will also be possible to close the cooperation negotiations in terms of employments closely related to Raisioagro.
Raisio will direct all resources to support the strategic growth targets of its new Healthy Food Division. The cooperation negotiations were launched to ensure Raisio’s competitiveness and profitability. The negotiations concerned Raisio’s Group Services as well as the new Healthy Food Division’s marketing, product development and support functions. A total of 115 were within the negotiations.
Source: Raisio
The facility is designed to foster innovation and deepen collaboration with customers, by offering a range of new services and solidifying its role as a central hub for customer support. Tereos’ team, supported by a network of 50 scientists, will ensure customers can innovate and meet the rising consumer demand for healthier and more sustainable products.
Glanbia has agreed to acquire Flavor Producers from Aroma Holding for an initial consideration of $300 million. Flavor Producers is a US-based flavour platform, providing flavours and extracts to the F&B industries, with a focus on organic and natural ingredients.
Lesnard, who previously worked at Nike, The North Face and Sephora, has a mission to “grow and sustain GODIVA’s position and expertise in the premium chocolate category, leveraging ongoing support from pladis to take GODIVA and its legendary chocolate to new heights.”