Valio to spin-off Valio Oddlygood® business operations - the aim is to accelerate international growth

摘要

Valio is spinning off the business operations of the plant-based Valio Oddlygood® products to Oddlygood Global Ltd. The company aims to accelerate growth by creating a network of partners. The partners could be, e.g., 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. Oddlygood Global Ltd is a launch that aligns with our new strategy aiming to expand Valio's international business. We will now pursue this growth increasingly stronger with Oddlygood Global Ltd and international partners," says Valio's Tuomas Salusjarvi, Executive Vice President, Growth Businesses and R&D.