Portugal: Orkla invests in Asteriscos e Reticencias
Norwegian company Orkla has announced a 43.5% investment in Portuguese firm Asteriscos e Reticencias, a manufacturer of fermented tea-based health drinks under the brand Captain Kombucha, for an undisclosed sum. Captain Kombucha was established in 2016 and is currently majority owned by its two founders, with the German firm Doehler Ventures also having a 15% […]
Sweden: Orkla divests Mrs Cheng’s brand
Orkla has announced that it has disposed of its Mrs Cheng’s brand, selling the business to Continental Foods for an undisclosed sum. The Mrs Cheng’s brand, which has a product portfolio of soy sauces and Thai casserole bases in Sweden, became a part of Orkla through the acquisition of Rieber & Son in 2013 and had […]
Norway: Orkla to build new plant in Latvia
Scandinavian food giant Orkla has announced that it plans to build a new biscuit factory, which is to be located in the Latvian capital Riga. In a press release, the company said that the decision was part of the group’s strategy of consolidating production in fewer but more efficient plants and investing in new, modern […]
India: MTR Foods invests in start-up company FirmRoots
MTR Foods, the Indian food manufacturer that is part of the Orkla group, is making an investment in the children’s food maker FirmRoots, according to a report in the Economic Times. The deal is the first to be concluded as part of Orkla’s 50 crore INR ($7.4 million) MTR Seed Fund, established last year to […]
Denmark: Orkla acquires Struer Brod
Orkla, the Scandinavian food giant, has announced the acquisition of bakery firm Struer Brod via its wholly-owned subsidiary Orkla Foods Sverige. Struer Brod was established in 1929 and predominantly manufactures bakery products such as breadcrumbs, as well as breakfast cereals, for both retail and foodservice channels. The firm has also supplied Orkla since 2012. In […]
Sweden: Orkla acquires Health And Sports Nutrition Group
Scandinavian FMCG firm Orkla has announced an expansion into the sports supplements space with the acquisition of Health And Sports Nutrition Group (HSNG), described as the largest e-commerce firm for sports nutrition in the Nordic region. HSNG runs the Gymgrossisten and Bodystore platforms, offering food, dietary supplements and health and well-being products in addition to clothing. […]
Denmark: Orkla divests K Salat brand
The Danish arm of Scandinavian FMCG firm Orkla has announced the sale of its K Salat prepared salads brand to deli foods maker Stryhns, part of the Norwegian Agra group, for an undisclosed sum. Orkla described the move as being part of an effort to concentrate its activities on fewer categories. K-Salat has a product […]
India: Orkla ventures into confectionery market
Norwegian-based Orkla Group, the parent company of India’s MTR Foods, has announced its entry into the confectionery market in India with the Laban brand. The firm’s ‘human’-shaped fruit flavoured vegetable chews come in a variety of flavours including Strawberry, Mango, Green Mango and Orange, and will be sold in packs of 26g and 65g, priced at 10 […]
Norway: Orkla Food to buy SR Food
Orkla Food Ingredients, the company supplier of branded consumer goods and concept solutions to the grocery sector, has announced the acquisition of an 80% stake of SR Food through its subsidiary Dragsbaek A/S. With the acquisition, Orkla is aiming to strengthen its position as a supplier of organic and vegetarian foods. SR Food is a privately-owned […]
Poland: Orkla acquires Colon-C supplement brand
Scandinavian consumer goods group Orkla has announced that it has acquired the gut health supplement brand Colon-C through an asset transaction, via its wholly owned subsidiary Orkla Health Poland. Orkla describes Colon-C as a leading brand in the constipation category and a strong market leader in the fibre segment in Poland. By acquiring Colon-C, Orkla will […]