Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Valio Ltd. is a Finnish dairy company, a manufacturer of cheeses, milk, and lactic acid products.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedSuspending business operations in Russia. Statement condemning Russia's invasion of Ukraine. Previously had suspended exports from Finland to Russia and Belarus, as well as imports of ingredients and packaging from Russia (operations consisted of a processed cheese factory, contract manufacturing partners, and sales offices). Sold business and Viola brand to Velcom.
| April 26, 2022 | Valio to sell its Russian operations |
| March 07, 2022 | Valio will close business operation in Russia |