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Weighing up Orkla's central European M&A options

After a series of disposals in central Europe over the last nine years, Orkla has recently snapped up a food maker in the Czech Republic. ju...

Orkla seeking strength in small markets with Hamé

Nordic food group Orkla is expanding its presence in central Europe through the acquisition of Czech Republic-based Hamé. The deal offers co...


Katy Askew | 13 Feb 2014

Nordic group Orkla has replaced former CEO Åge Korsvold just two years after he took the helm. With reports of boardroom strife in the Norwegian press, at first glance one might question whether the news is a function of internal factionalism. On closer inspection, however, it would seem Orkla has moved to another phase in its drive to become a branded consumer goods powerhouse by bringing in FMCG veteran Peter Ruzicka. Katy Askew reports.


Dean Best | 19 Dec 2012

There 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. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.


Dean Best | 22 Aug 2012

Orkla, the Norwegian conglomerate with interests in aluminium and finance as well as pizza and chocolate, wants to focus on consumer goods. This week, Orkla agreed to buy local food group Rieber & Son and, although analysts expressed misgivings at the price it paid, they believe it is a sensible move from the company. Dean Best reports.


Michelle Russell | 20 Jul 2012

Norwegian conglomerate Orkla has said plans to focus on brands are "on track" despite the unit delivering a drop in first-half profits today (20 July).

Latest Interviews

Katy Askew | 14 Nov 2013

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.


Katy Askew | 13 Nov 2013

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.

Latest News

Dean Best | 11 May 2016

MTR Foods, the Indian business owned by Nordic group Orkla, plans to increase the production capacity at its factory in Bangalore.


Hannah Abdulla | 11 May 2016

Orkla has announced it is no longer pressing forward with plans to restructure operations at its plants in Rygge in Norway.


Katy Askew | 3 May 2016

Orkla booked higher first quarter earnings for its core consumer goods businesses, which it has been expanding through M&A. 


Katy Askew | 30 Mar 2016

Orkla Foods has said that it is likely to close two facilities based in Norway as it moves production to Sweden in order to maximise efficiency in its manufacturing base. 


Hannah Abdulla | 23 Mar 2016

Orkla has suggested it plans to increase its presence in India, although the Nordic group was tight-lipped on local reports it was looking for companies to buy.


Katy Askew | 1 Mar 2016

Orkla has acquired UK-based ice cream cone and wafer maker, The Waverley Bakery Ltd, for around GBP5.2m (US$7.3m). 


Dean Best | 18 Feb 2016

Orkla has developed a line of meals aimed at what the Nordic group says is growing interest in Sweden for vegetarian food.


Katy Askew | 15 Feb 2016

Orkla aims to fill what it believes to be a "gap" in the market with the launch of Paulúns Supermix in Sweden. 


Katy Askew | 11 Feb 2016

Nordic food group Orkla booked an increase in full-year sales and earnings despite currency fluctuations and "competitive markets". 


Dean Best | 5 Feb 2016

Orkla is reviewing its manufacturing network with the company admitting it has "several" plants with similar technology and production across the Nordic and Baltic markets.


Dean Best | 5 Feb 2016

Orkla has extended its domestic nut snacks brand Polly into peanut butter.


Dean Best | 8 Jan 2016

Nordic food group Orkla has struck a deal to buy O. Kavli A/S, the Danish unit of fellow Norwegian food and drinks group Kavli Holding AS.


Hannah Abdulla | 22 Dec 2015

Orkla has announced it is selling its weight management brand Allevo to pharmaceutical company Karo Bio. 


Hannah Abdulla | 18 Dec 2015

This week Fonterra announced it was selling its yoghurt and dairy business in Australia to Parmalat, Chinese fruit groups Golden Wing Mau and Joyvio announced a merger and UK meat group Dunbia confirmed it was mulling options for the business. Belgium's Lotus Bakeries bought UK snacks group Urban Fresh Foods, its second deal in the country in four months and, looking to next year, we analysed the prospects for the BRIC markets in 2016. Here is the week in quotes.


Dean Best | 16 Dec 2015

Orkla has snapped up a majority stake in two Netherlands-based ice cream suppliers to the foodservice sector.


Katy Askew | 11 Dec 2015

Nordic food group Orkla is expanding its operations in central Europe with the EUR175m (US$191.7m) acquisition of Hamé, a branded consumer goods company with "leading" market positions in the region. 


Dean Best | 11 Dec 2015

Dairy dominated this week's headlines with Muller and PepsiCo pulling the plug on their US yoghurt venture, Coca-Cola lining up a deal to invest in a Brazilian dairy and Arla Foods outlined its strategy for the next five years. Elsewhere, Nordic food group Orkla moved to beef up its operations in central Europe with a deal to buy Czech Republic-based company Hamé.


Hannah Abdulla | 11 Dec 2015

This week, Kellogg pledged to cut greenhouse gas emissions by 65% by 2020. Elsewhere, German dairy Muller announced it was exiting its US yoghurt joint venture with PepsiCo, Muller Quaker Dairy. Canada announced it is working on duties on a range of imported US-made food products after the WTO ruled it could claim compensation for illegal US country-of-origin labels and Coca-Cola revealed plans to enter Brazil's dairy sector. Here is the week in quotes.


Hannah Abdulla | 13 Nov 2015

This week, Orkla pledged zero-deforestation by 2020. Elsewhere, United Biscuits opened its first e-commerce store in China. just-food spoke to CEO of American Halal Co., Adnan Durrani following the firm's recent acquisition in the plant-protein space and Givesco Bakery acquired cake maker Almondy. Here is the week in quotes.


Hannah Abdulla | 11 Nov 2015

Orkla has committed to a zero-deforestation goal of 2020.


Dean Best | 30 Oct 2015

Orkla today (30 October) reported an increase in nine-month sales and profits, with revenue and profitability improving from the Nordic FMCG group's two packaged food businesses.


Katy Askew | 27 Oct 2015

Orkla has invested SEK28m (US$3.3m) to upgrade its jam production facility in Tollarp, Sweden. 

Company research

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