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Valio to spin-off Valio Oddlygood to accelerate international growth


Valio to spin-off Valio Oddlygood to accelerate international growth
Finnish dairy cooperative Valio is spinning off the business operations of its plant-based Valio Oddlygood products to Oddlygood Global Ltd.
The company aims to accelerate international growth by creating a network of partners. The company said partners could be, for example, distributors in markets where Valio doesn’t have its own network. This would give Valio Oddlygood products a faster track to various target markets. The spin-off also enables the core team to have the best possible focus on business development.
“People are increasingly interested in plant-based products, and changing global consumer trends are behind this. We see a lot of opportunities for Valio in the strongly growing market for plant-based products in Finland and abroad,”​ said Tuomas Salusjärvi, ‎Valio’s executive vice president, growth businesses and R&D.   ....

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