Orkla has reported a 10% increase in operating profit , totalling NOK 725m in the first quarter of 2015. The Branded Consumer Goods business achieved EBIT (adj.) of NOK 769 million, an improvement of 11% from the first quarter of 2014. ...
Tags: Orkla, Hydro Power
As parts of its efforts to increase the percentage of sustainable products in its range, this spring, Swedish apparel retailer, Kappahl will have 24 per cent of its assortment with the sustainability label. For this spring, it also has ...
Tags: sustainable products, apparel
Nordic fashion and textile industry is set to become the most sustainable in the world. The vision of a new Nordic action plan presented by the Nordic Ministers for the Environment in Copenhagen earlier this week is for the region to ...
Tags: Nordic Fashion, textile industry
Finland’s Kotkamills has signed a €70m contract with Valmet, a technology, automation and services supplier and developer for the pulp, paper and energy industries, to convert its paper machine product from magazine paper to ...
Tags: Valmet, Equipment Upgrade, paper machine
French food ingredients firm Solina Group has agreed to acquire the Industrial Flavouring Division of Paulig, which provides taste products for Nordic meat industry. This new development is expected to help Solina to increase its ...
Tags: food ingredients, Solina
Next big thing: ‘Nordic Diet’, Researchers show health benefit for the obese without weight loss The Nordic diet may reduce the bad effects of obesity, even without weight loss, according to a study led by the Institute of ...
Tags: Nordic Diet, Food
L.L.Bean and Craft Sportswear North America announced a multi-year partnership with the U.S. Cross Country Ski Team and U.S. Nordic Combined Ski Team. As official supplier to the U.S. Ski Team, L.L.Bean will provide insulated outerwear ...
Tags: Sportswear, L.L.Bean, Craft Sportswear
Anyone with a lawn tractor or riding mower who lives in a snowy region has likely pondered the notion of attaching a plow or snow blower to it, especially when the snow falls heavy and deep. But for many of us, particularly those ...
Tags: Lawn Tractor, snow blower
Lantmannen has agreed to acquire all the remaining shares, it does not already own in Finland-based thin crisp producer Vaasan, from Lion Capital for an undisclosed amount. The acquisition is in line with Lantmannen's strategy to ...
Tags: thin crisp, bakery products, Agriculture
Eddie Bauer is partnering with renowned celebrity stylist Ilaria Urbinati on a limited-edition 28-piece menswear collection set to debut in the Fall of 2015. The collection fuses modern style and fit with iconic Eddie Bauer heritage to ...
Tags: quality, essential pieces, Sporting Goods
Global rethinker of the paper, biomaterials, wood products and packaging industry Stora Enso has announced that its renewable packaging division will be divided into two parts, consumer board and packaging solutions. The two divisions ...
Tags: biomaterials, wood products, packaging industry, Agriculture
Spain-based Mahou San Miguel has acquired 30% stake in US-based Founders Brewing for an undisclosed amount. The acquisition forms a part of the company's strategy to continue exploring growth opportunities internationally. Founders ...
Tags: beers, Agriculture
Munich-based chemicals group Wacker has reorganized its silicone distribution business in the Nordic countries. As of March 1, 2015, Lindberg & Lund Oy AB, a subsidiary of the Norwegian chemicals distributor Lindberg & Lund AS, will market ...
Ratos has signed an agreement to acquire approximately 67% of the shares in the Finnish LED optics company Ledil Oy from the company's founders. The purchase price (enterprise value) for 100% of the company amounts to EUR 97m, of which ...
Tags: LED lighting, LED optics company, Lights
Nordic Capital spun off 30 percent of its holdings in Thule Group AB Nov. 26 for SEK2.2 billion, or about $295 million, in a highly successful initial public offering on Nasdaq Stockholm. Nordic sold 26.1 million shares, or 26.1 percent ...
Tags: IPO Values, Sporting Goods