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2008-07-03 08:56:24 CEST 2008-07-03 08:57:25 CEST REGULATED INFORMATION Raisio - Company AnnouncementRAISIO TO OUTSOURCE ITS LABORATORY OPERATIONSRaisio plc Stock Exchange Release 3 July 2008 RAISIO TO OUTSOURCE ITS LABORATORY OPERATIONS On 3 July 2008, Raisio and Eurofins Scientific Finland Oy have signed business transfer related agreements by which Raisio outsources its laboratory operations to Eurofins. The 45 employees of Raisio's laboratory services will transfer to the employment of Eurofins on 1 September 2008 when the company takes over the laboratory business and assumes responsibility for the laboratory services needed by Raisio. The adjustment of laboratory operations to Raisio's current needs and the market situation will make the company's operations more efficient, lead to significant cost savings in the coming years and enable Raisio to focus on its core competence. Outsourcing laboratory analytics to an important international player will ensure that Raisio gets services that meet its needs in the future, as the field continues to grow more technical and the level of demands rises. Raisio opted for outsourcing in order to ensure the availability and development of versatile laboratory activities. Eurofins will acquire the microbiology, fat, ingredients, research and grain laboratories, as well as sensory analysis operations. The company will rent its laboratory facilities from Raisio, which means that the operations will continue to be run at Raisio's site. Eurofins Scientific Finland Oy's objective is to become Finland's leading provider of bioanalytics services. The headquarters of the company's Finnish operations are located in Tampere. Eurofins will set up a centre of excellence specialising in food analytics to ensure that Raisio's solid and unique competence is maintained and further developed. The versatile services produced at the Raisio laboratories will also be offered to other companies and players in the region. Eurofins Scientific Finland Oy is part of the international Eurofins Scientific Group, founded in 1997. The company has laboratories in 29 countries and it employs 7,000 people. Eurofins is a well-known and growing expert in food, environmental, medical and biotechnology analytics. RAISIO PLC Heidi Hirvonen Communications Manager Tel. +358 50 567 3060 Further information: Raisio plc, Vesa Kurula, Vice President, Operations, tel. +358 400 478 169 Eurofins Scientific Finland Oy, Jarno Kalpala, Managing Director, tel. +358 400 422 836 Distribution OMX Nordic Exchange, Helsinki Key media www.raisio.com |
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