Items Tagged with 'Raisio Group '

Helsinki-based Raisio sold its confectionery business, which includes popular brands such as Poppets, Fox’s, XXX, Payne's Just Brazils and Pedro, as well as private-label and contract-manufactured products, for €100 million ($120 million) to Valeo Foods Ltd. on Dec. 29, 2017. The deal also includes six production plants in the U.K. and Czech Republic. 

Included in the price for Raisio, which operates Big Bear Confectionery in the UK, is a new capital investment of €2.3 million in fruit-licorice capability.