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Company type | Limited company |
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Industry | Dairy |
Founded | 1905 |
Headquarters | |
Key people | Annikka Hurme (CEO) |
Revenue | EUR 2 billion |
Number of employees | 4,600 |
Website | www |
Valio Ltd (Finnish : Valio Oy) is a Finnish manufacturer of dairy products and one of the largest companies in Finland. Valio's products include cheese, powdered ingredients, butter, yogurt and milk. It is Finland's largest milk processor, producing 85% of the country's milk.
Valio's net turnover in 2012 was 2 billion euros. Valio is the market leader in key dairy product categories in Finland and a pioneer as the developer of functional foods.[ citation needed ] Valio is owned by 18 dairy cooperatives which have about 7,900 milk farmers as members. Valio's product range currently consists of about 1,000 products. Valio is Finland’s biggest food exporter and sells products to nearly 60 countries. [1] In 2015 Valio’s share of Finland’s dairy product exports was around 97%, and that of Finland’s food exports around 29%. [1]
Valio has 15 production facilities in Finland, two in Estonia and a plant for producing processed cheese and a logistics centre in Moscow, Russia. Valio subsidiaries operate in Russia, Sweden, the Baltic countries, United States and China. International operations account for one third of Valio net turnover.
Valio was founded in 1905 by 17 co-operative dairies. The original name of the company was Voivienti-osuusliike Valio r.l, or 'Butter Export Cooperative Valio'. The company was originally based in Hanko and the most important market was England.
Valio's activities expanded from butter to other dairy products in 1909, and by the 1920s Valio's marketing in Finland was bigger than abroad. In 1933, Valio started production of Koskenlaskija Finnish brand of processed cheese in Helsinki. [2]
Artturi Ilmari Virtanen, who received the Nobel Prize in Chemistry, was an employee of Valio. The prize was given "for his research and inventions in agricultural and nutrition chemistry, especially for his fodder preservation method". Virtanen's work preserved nutrients in hay, which lead cows to produce more nutritious milk. [3]
In 2001, Valio launched a lactose-free milk drink which is not sweet like HYLA milk but has the fresh taste of ordinary milk. Valio patented the chromatographic separation method to remove lactose. Valio also markets these products in Sweden, Estonia, and the United States, where the company says ultrafiltration is used. [4]
In Belgium the products were present under the Valio brand until 2013, but the name changed after Valio sold their Belgian subsidiary in 2012. The brand is now called Dilea, [5] and the drink is still made using the Valio process.[ citation needed ]
Valio sold its ice cream activity to overseas company Nestlé in 2004. Nestlé also received the right to use the Valiojäätelö name for 10 years, ending in 2014. [6] It was soon transferred into the Nestle/R&R Ice Cream joint venture Froneri Finland. [7]
In 2005, Valion Jäätelöbaari (Valio Ice Cream Bar), designed by Paola Suhonen, was opened in Kamppi Center, Helsinki.
In 2007, Valio invested approx. €60 million in a factory near Moscow for the packaging of cheese and butter for the Russian market, as well as for logistics operations from Moscow up to the Pacific Ocean. The products were mostly imported from the mother company in Finland. The production capacity of the plant was 8,000 Mt per year with 400 employees and could be expanded up to 20,000 Mt. The turnover of Valio in Russia was €283 million in 2010, making it the biggest Finnish consumer business on the Russian market after Nokia. After Russia imposed sanctions on the EU, butter made by Valio appeared in supermarkets in the USA under the FINLANDIA brand.[ citation needed ]
Dairy products or milk products, also known as lacticinia, are food products made from milk. The most common dairy animals are cow, water buffalo, nanny goat, and ewe. Dairy products include common grocery store food around the world such as yogurt, cheese, milk and butter. A facility that produces dairy products is a dairy. Dairy products are consumed worldwide to varying degrees. Some people avoid some or all dairy products because of lactose intolerance, veganism, environmental concerns, other health reasons or beliefs.
Artturi Ilmari Virtanen was a Finnish chemist and recipient of the 1945 Nobel Prize in Chemistry "for his research and inventions in agricultural and nutrition chemistry, especially for his fodder preservation method".
Whey is the liquid remaining after milk has been curdled and strained. It is a byproduct of the manufacturing of cheese or casein and has several commercial uses. Sweet whey is a byproduct resulting from the manufacture of rennet types of hard cheese, like cheddar or Swiss cheese. Acid whey is a byproduct brought out during the making of acid types of dairy products, such as strained yogurt.
Condensed milk is cow's milk from which water has been removed. It is most often found with sugar added, in the form of sweetened condensed milk, to the extent that the terms "condensed milk" and "sweetened condensed milk" are often used interchangeably today. Sweetened condensed milk is a very thick, sweet product, which when canned can last for years without refrigeration if not opened. The product is used in numerous dessert dishes in many countries.
Plant milk is a non-dairy beverage made from a water-based plant extract for flavoring and aroma. Plant milks are consumed as alternatives to dairy milk, and may provide a creamy mouthfeel.
Arla Foods Ltd is a major dairy products company in the United Kingdom, based in Leeds, and a subsidiary of Arla Foods, which is owned by its farmer owners in seven countries including the UK.
Bulla Dairy Foods is an Australian dairy company that manufactures a national and export range of ice cream, table cream, yoghurt, sour cream, cottage cheese, and imitation cream under various brands. The business was established in 1910 and subsequently became a partnership among three inter-related families, who still continue to own and operate the business. The company's name was established from the origin of place in Victoria, Australia and the business has continued for more than 100 years. Bulla Dairy Foods has expanded internationally, exporting its products to 17 countries, as well as supplying their products nationally within Australia to supermarket retailers. The company employs more than 600 people across three manufacturing sites across Victoria in Colac, Dandenong, and Mulgrave and a head office and distribution centre in Derrimut, Melbourne. In 2015, Bulla Dairy Foods released a new campaign with the tagline "Unfakeable" to emphasise the company's Australian heritage.
Arla Oy is one of the largest food manufacturers in Finland, holding a leading position in the dairy sector in Finland. It is a subsidiary of Danish-Swedish company Arla Foods.
Gay Lea Foods Co-operative Limited is a dairy products co-operative in Canada producing butter, sour cream, cottage cheese, whipped cream and lactose free milk for retail, foodservice, industrial and export markets. Gay Lea also produces a new product called "Spreadables", which is a spreadable butter, made as a canola oil and butter blend, that tastes like butter but is spreadable directly out of the fridge. The company is based in Mississauga, Ontario and owned and operated by Ontario milk producers, currently representing approximately thirty-five per cent of all Ontario dairy farms.
Murray Goulburn Co-operative Co. Limited was a dairy-processing co-operative corporation. In 2018, following financial difficulties and difficulties with suppliers over sustainable prices, the business assets were sold to Saputo Inc, a publicly-listed Canadian dairy company and later the trading name of the business was changed to AG Warehouse. The co-operative was placed into liquidation in 2020.
Magnolia is a food and beverage brand owned by San Miguel Corporation (SMC) and used by its various subsidiaries. The brand was commercially established by SMC as an ice cream brand in 1925.
Fábrica de Produtos Alimentícios Vigor S.A., simply known as Vigor, is a Brazilian dairy and food company headquartered in São Paulo. It is the sixth largest dairy company in Brazil. The company is a subsidiary of Mexican dairy firm Grupo Lala.
Robinsons Magnolia is a shopping mall owned and operated by Robinsons Malls. The mall opened on August 13, 2012. It is the 32nd mall opened by Robinsons and the company's third mall in Quezon City. It has a gross floor area of 108,000 square metres (1,160,000 sq ft). Robinsons Magnolia is adjacent to the four-tower Magnolia Residences where the iconic Magnolia Ice Cream production plant once stood.
Frosty Paws, formerly Pet79 and Fido Freeze, is a brand of ice cream, specifically formulated and sold for dogs. It is produced by Nestlé, under their Nestlé Dreyer's Ice Cream Company ice cream unit, branded under the Purina brand name.
Lauri Kaukonen was a Finnish Secretariate Counsellor, board member, business executive, teacher, lecturer, and author.
Magnolia Inc. is a Philippine food company owned by San Miguel Food and Beverage, Inc., a subsidiary of San Miguel Corporation. It is one of the largest dairy companies in the Philippines. The company comprises over 90% of the non-refrigerated margarine market and over 80% of refrigerated margarine market in the Philippines.
The Bega Group is an Australian diversified food and drinks company with manufacturing sites in New South Wales, Queensland, Western Australia and Victoria. Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. It is currently one of the largest companies in the dairy sector in Australia, with a base milk supply in 2018 of approximately 750 million litres per annum.
Dairygold Co-Operative Society Limited is an Irish dairy co-operative based in Mitchelstown, County Cork, Ireland. With its catchment area mostly in the Golden Vale, Dairygold processes an annual volume of approximately 1.43 billion liters of grass fed pastureland milk, making it Ireland's second largest dairy co-operative and the island's third largest milk supplier. Formed after the 1989 merger of the Mitchelstown and Ballyclough co-ops, as of 2023 it had 7000 shareholder members and an operating profit of €24 million from a turnover of €1.4 billion.
Juhayna Food Industries is an Egyptian food and drink company established in 1983 and began producing dairy, yogurt, and juice in April 1987 with a capital of £E1.3 million. Juhayna Dairy was merged into Juhayna Food Industries in 2004 to become a company specializing in the production of milk, milk products and juices, in addition to its owning of 5 industrial companies, a company for sales and logistics, and a company for agricultural and animal production. Juhayna Food Industries began its activities in January 1996. It manufactures milk and dairy products. Its licensed capital is £E5 billion and the paid-up capital is £E706,053,811 distributed over 706,053,811 shares with a nominal value of £E1 per share. The company was listed on the stock exchange in May 2010, and it is among the main index companies on the EGX 30.
Pingviini is a Finnish brand of ice cream owned by Fronen Finland. Known for its logo featuring a penguin, Pingviini brand ice cream has been sold in Finland since the 1930s.
Media related to Valio at Wikimedia Commons