Finnish food company Fazer is investing €30m ($33.1m) in its oat milling business to strengthen its position in Northern Europe and meet the growing demand for 'healthy and sustainable oats'.
The Finnish bakery products and sweets producer is building a bespoke manufacturing facility to make xylitol from oat hulls, derived as a side stream during the company’s oat milling process.
International bakery and confectionery business Fazer Group has announced it is to expand its operations with a new factory in Russia and the acquisition of an artisanal bakery in Finland.