Finland: Valio acquires Heinon Tukku Oy

The Finland biggest headquartered dairy cooperative Valio is acquiring Heinon Tukku Oy which is one of Finland’s biggest wholesalers serving professional kitchens. Heinon Tukku’s typical turnover in recent years has been around 240 million euros. The coronavirus pandemic naturally reduced its turnover, which was about 170 million euros in 2020. About 340 employees will transfer to Valio through the acquisition. Valio’s aim is to be a more comprehensive partner to restaurant and coffee shop professionals and to become a single-source supplier of everything a professional kitchen needs: in addition to an extensive selection of raw materials, support in product development and in creating meal and snack concepts. The eating out and takeaway trend is expected to return to growth after the coronavirus pandemic eases.

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