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conglomerate Orkla
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Orkla to Buy Dutch Ingredients Maker Broer for EUR6m
Sep 7, 2016Norwegian conglomerate Orkla has signed an agreement to acquire 70% stake in Broer Bakkerijgrondstoffen to expand its presence in the Netherlands. Broer is a manufacturer of almond paste, bakery ingredients and ice cream powder. Orkla ...
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Norwegian Conglomerate Orkla Plans to Source Sustainably Produced Palm Oil
Mar 21, 2014Norwegian conglomerate Orkla plans to source sustainably produced palm oil for use as an ingredient in its consumer products. Palm oil is a widely used vegetable oil across the world with around 87% of it coming from Indonesia and ...
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Within a Week,Orkla's Purchase of 90.11% of The Shares in Food Firm Rieber & Son
Apr 24, 2013The Norwegian Competition authority has approved Orkla's purchase of 90.11% of the shares in food firm Rieber & Son. The acquisition is expected to be completed within a week. The approval of the Norwegian competition authorities ...
Tags: Norway Competition
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M&A Activity Rebounded in The Food Sector This Year
Dec 20, 2012There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
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Orkla Has Booked a Decline in First-Half Profits From Its FMCG Division
Dec 12, 2012Norwegian conglomerate Orkla has booked a decline in first-half profits from its FMCG division. The loss of contract production in the second half of 2011 had a negative impact on the unit's earnings in the six months to the end of June, ...
Tags: Orkla, consumer goods, first-half profits
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Norwegian Conglomerate Orkla Is to Buy Local Food Group Rieber & Son
Dec 11, 2012Norwegian conglomerate Orkla, which is reshaping its business to focus on consumer goods, is to buy local food group Rieber & Søn. Orkla has struck a deal to buy the Rieber family's 90.1% stake in Rieber & Søn. The agreement ...
Tags: food group, food, pizza, chocolate
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Rieber & Son's Has Agreed to Sell Its Non-Performing Crispy Fried Onions Business
Dec 6, 2012Norwegian food company Rieber & Søn's has agreed to sell its non-performing crispy fried onions business based in the Netherlands to local firm Top Taste for an undisclosed amount. Rieber & Søn's noted that it has recently ...
Tags: food, sell, non-performing crispy, fried onions business, Top Taste
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Orkla Has Entered Into an Agreement to Acquire Family-Controlled Food Company Rieber&Soen
Aug 21, 2012Norwegian industrial conglomerate Orkla has entered into an agreement to acquire family-controlled food company Rieber&Soen,by committing to buy 90.11%shares held by the Rieber family,in a deal which values the company at ...
Tags: acquisition, shares, debt-free basis