Nordic food group Orkla is expanding its presence in central Europe through the acquisition of Czech Republic-based Hamé. The deal offers co...
As the gluten-free market grows and competition - from both specialists and interested conventional manufacturers - intensifies, innovation...
As the gluten-free market grows and competition - from both specialists and interested conventional manufacturers - intensifies, innovation will be vital. The rate of product development is increasing - Mintel says one in ten products launched in the entire food sector last year was gluten free, up from 2% in 2005. However, as one industry watcher puts it, there is a lot of "spray and pray" to NPD in the category. What trends can manufacturers harness for success? Dean Best reports.
Much of the commentary around the rise of gluten free has focused on the US, a market that alone accounted for a quarter of global sales in 2014. But what about the opportunities in Europe? The UK, home to its own well developed gluten-free category, also attracts column inches and, despite some concerns about the maturation of the market still offers opportunities. On the continent, a clutch of western European countries are home to categories at different stages of development. In the first part of our management briefing looking at Europe's gluten-free sector, we provide a run-down of the region's major markets - and hint at the countries to watch.
India is a country of markets within markets, involving numerous languages, varying tastes and cultural preferences - posing challenges to nationwide advertising and marketing and hindering pan-Indian distribution. Such problems are hindering growth but, as Raghavendra Verma writes from New Delhi, there are solutions for FMCG companies.
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.
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.
Nordic food group Orkla booked an increase in full-year sales and earnings despite currency fluctuations and "competitive markets".
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.
Orkla has extended its domestic nut snacks brand Polly into peanut butter.
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.
Orkla has announced it is selling its weight management brand Allevo to pharmaceutical company Karo Bio.
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.
Orkla has snapped up a majority stake in two Netherlands-based ice cream suppliers to the foodservice sector.
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.
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.
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.
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.
Orkla has committed to a zero-deforestation goal of 2020.
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.
Orkla has invested SEK28m (US$3.3m) to upgrade its jam production facility in Tollarp, Sweden.
Nordic food group Orkla is launching a chilled porridge product under the Paulúns brand in Sweden.
Nestle's "advanced" talks to put the bulk of its ice cream business into a venture with the UK's R&R Ice Cream was the week's stand-out M&A story, while regulatory developments - the TPP trade deal, food safety rules in China and US dietary guidelines - caught the eye elsewhere.
Norway has outlined a bid to cut salt consumption by 15% by 2018, with the country's government and manufacturers including Orkla and Nortura announcing plans to work on the issue.
Norweigian consumer goods firm Orkla has said it is planning "fewer, bigger innovations" and targeting more acquisitions as it looks to secure growth.
This week, the Barclays Global Consumer Staples Conference took place in Boston with presentations from Mondelez International and Tyson Foods. Nomad Foods also presented and indicated plans to focus on cost-cutting with funds re-invested in the business for growth. Elsewhere, Flowers Foods announced its second acquisition in under a month in organic bread and McCormick & Co. pledged to increase the number of organic and Non-GMO products it sells in the US over the next year. Here is the week in quotes.
Orkla has snapped up Norwegian liquorice firm Lakrisgutta for an undisclosed sum.
Orkla is launching its first vegetable pasta in Norway and adding to its range of pizzas as part of a range of new products to roll out into the market this autumn.
Innovation and cost savings contributed to “continued improvement” at Orkla's branded consumer goods business in the second quarter, where operating profit increased 11% year-on-year.
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 Foods Sverige AB in Packaged Food (Sweden)
Orkla Foods Sverige is expected to continue growing through mergers and acquisitions as its raison d’être is to improve competitiveness through consolidation....
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...
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