Raisio Group
Encyclopedia
Raisio Oyj, known internationally as Raisio Group , is a Finnish
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

 company that makes cereal
Cereal
Cereals are grasses cultivated for the edible components of their grain , composed of the endosperm, germ, and bran...

 products, animal feeds and engage in life-sciences. Raisio produces Benecol
Benecol
is a brand of cholesterol lowering food products owned by and is a trademark of Finnish company Raisio Group.Raisio Group licenses the Benecol brand and sells the effective and safe cholesterol lowering ingredient, Plant stanol ester, to food companies around the world...

, a ingredient used in a range of Cholesterol-reducing spreads, dairy
Dairy
A dairy is a business enterprise established for the harvesting of animal milk—mostly from cows or goats, but also from buffalo, sheep, horses or camels —for human consumption. A dairy is typically located on a dedicated dairy farm or section of a multi-purpose farm that is concerned...

 products and condiment
Condiment
A condiment is an edible substance, such as sauce or seasoning, added to food to impart a particular flavor, enhance its flavor, or in some cultures, to complement the dish. Many condiments are available packaged in single-serving sachets , like mustard or ketchup, particularly when supplied with...

s marketed under its Benecol brand name. In 2004 the company divested its paper chemical division, Raisio Chemicals to Ciba Specialty Chemicals
Ciba Specialty Chemicals
Ciba was a chemical company based in and near Basel, Switzerland. "Ciba" stood for "Chemische Industrie Basel" . It was formed as the non-pharmaceuticals elements of Novartis were spun out in 1997, following the merger in the previous year of Ciba-Geigy and Sandoz that created Novartis.In 2008,...

. In 2009 Raisio sold its margarine business to Bunge Limited
Bunge Limited
Bunge Limited is a Bermudan food conglomerate with its headquarters in White Plains, New York. As well as being a leading global soybean exporter it is also involved in food processing, grain trading, and fertilizer...

. Raisio Group acquired the British food company Glisten in 2010.

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