Nordic group Orkla has replaced former CEO Åge Korsvold just two years after he took the helm. With reports of boardroom strife in the Norwe...
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A acti...
Orkla, the Norwegian conglomerate with interests in aluminium and finance as well as pizza and chocolate, wants to focus on consumer goods....
Norwegian conglomerate Orkla has said plans to focus on brands are "on track" despite the unit delivering a drop in first-half profits today...
With a stable of leading brands in the Nordics, Orkla is a regional powerhouse. However, a lack of focus has resulted in a sluggish performance from its food business for a number of years. CEO Age Korsvold intends to reverse this trend and has set out an ambitious plan that he believes will drive top-line growth and improved profitability. Katy Askew found out more.
Norwegian conglomerate Orkla has decided to focus on its consumer goods business and is selling off non-core assets that span sectors from energy to finance. The company hopes this new-found clarity will enable it to bring vibrancy to its leading regional food brands. In part one of the just-food interview, Katy Askew spoke to chief executive Age Korsvold to find out more about the strategy.
Norway's Orkla has announced the acquisition of Swedish frozen vegan food maker Anamma Foods.
Norway-based food group Orkla has snapped up a majority stake in Icelandic firm Nonni Litli.
Orkla has reported higher first-quarter sales and underlying profits from branded consumer goods, a business on which the Norway-based group is increasingly looking to focus.
This week, Mondelez International reported its first-quarter results, with news of a solid performance in China. Elsewhere, Associated British Foods announced the launch of a high-protein bread in New Zealand. Yves Potvin, founder of meat-free brand Gardein, spoke to just-food about its plans under the ownership of Pinnacle Foods. And Kerry Group said moves to reposition its portfolio to focus on snacking trends were paying off. Here is the week in quotes.
Orkla is to distribute more PepsiCo products in the Nordic region, adding cereal and snacks lines to the juice brand Tropicana the company handles for the US giant.
Orkla Foods Romania SA in Packaged Food (Romania)
Orkla Foods is one of the most important companies on the local consumer goods market, present in Romania since 2002. Orkla Foods’ vision focuses on development – the aim to grow in all the categories...
Orkla Group in Packaged Food (World)
In a global sense, Orkla has only a modest presence. However, regionally the company is a leader in a number of packaged food categories. Orkla’s recent acquisition of Rieber & Søn has given it a stro...
Savory Snacks in Sweden
Savory Snacks in Sweden industry profile provides top-line qualitative and quantitative summary information including: market size (value 2009-13, and forecast to 2018). The profile also contains desc...
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