Raisio - Company Announcement

Benemilk Ltd’s operations reduced

Raisio plc           Stock Exchange Release 10 August 2016 at 8:20 a.m. Finnish
time 

BENEMILK LTD’S OPERATIONS REDUCED

Short-term outlook for Raisio plc’s subsidiary Benemilk Ltd is not favourable.
Due to the dairy market crisis, customers are not ready to change their feeding
models. Therefore, Raisio plc’s Board of Directors has decided to significantly
reduce Benemilk’s business operations. Investments in the international
commercialisation of the innovation will be minimised and for now, the focus
will be on the pending patent processes and IPR protection against potential
infringements. 

Benemilk has two business areas. The ingredient business is based on the sale
and marketing of palm oil-based raw material under the Primafat trade mark and
on the related IPR. The licensing business includes the development,
commercialisation and licensing of IPR based on the Benemilk innovation. 

Benemilk Ltd was established in the spring 2013, and Raisio holds 57% of its
shares. 

RAISIO PLC

CEO Matti Rihko



Further information:
Matti Rihko, CEO, tel. +358 400 830 727





Raisio plc

Raisio plc is an international specialist in plant-based nutrition. Raisio’s
operations are divided into two divisions: Brands and Raisioagro. The Group’s
key market areas are Finland, Great Britain, the Czech Republic, Russia and
Poland. Markets for cholesterol lowering Benecol products are global. Raisio
plc’s shares are listed on Nasdaq Helsinki Ltd. In 2015, the Group's net sales
totalled EUR 521 million and EBIT was EUR 51.7 million excluding one-off items.
The Group employs some 1,500 people. Raisio’s best-known brands are Benecol,
Benemilk, Elovena, Fox’s and Poppets. Benemilk feeds for milk production and
Benecol for cholesterol lowering are Raisio’s top innovations. For more
information on Raisio go to www.raisio.com/en 





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Nasdaq
Key media
www.raisio.com