Food industry company news

Subscribe via RSSWhat is RSS?

Latest Insights

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

Andy Coyne | 26 Sep 2017

Nordic food group Orkla has launched a version of its Risifrutti chilled dairy pot product without added sugar.

Dean Best | 12 Sep 2017

Orkla has decided to combine Swedish ingredients subsidiary Candeco Confektyr with UK business Orchard Valley Foods Group, in which the Nordic FMCG giant owns a majority stake.

Simon Harvey | 29 Aug 2017

Norway's Orkla Group is entering the Indian confectionery market via its subsidiary MTR Foods with the launch of its all vegetarian Laban sweets, a human-shaped fruit-flavoured chew.

Katy Askew | 14 Jul 2017

Orkla, the Nordic FMCG group, successfully grew first-half sales and profits but saw higher raw materials costs dampen progress on efforts to expand margins.

Dean Best | 22 Jun 2017

Mars has ended a distribution deal it has with Nordic food group Orkla on the handling of Wrigley products in Norway.

Dean Best | 16 May 2017

Nordic food group Orkla has made another acquisition, attempting to boost its business in organic and vegetarian foods by buying Danish sales and distribution firm SR Food.

Dean Best | 11 May 2017

Orkla's moves to make its manufacturing more efficient has seen the Nordic food group close its only plant in Italy and end the production of a salads line in Norway.

Dean Best | 9 May 2017

Orkla, the Nordic food group, today (9 May) booked higher first-quarter revenues and operating profit.

John Shepherd | 5 May 2017

Nordic food group Orkla has completed an agreement to buy German ice cream sales and distribution company Eis Ludwig Graebner.

Dean Best | 24 Apr 2017

MTR Foods, the Indian business owned by Nordic group Orkla, has broadened the range of breakfast foods it sells in the country.

Dean Best | 3 Apr 2017

Nordic food group Orkla has bought another business-to-business supplier, adding to its ingredients operations with the acquisition of a majority stake in UK firm Orchard Valley Foods.

John Shepherd | 30 Mar 2017

Nordic food group Orkla has unveiled plans to invest in its domestic pizza manufacturing base, a move that will lead to the closure of a plant.

Dean Best | 17 Mar 2017

Orkla, one of the largest food groups operating in the Nordic region, has become the latest company to set up an in-house venture fund to back start-up businesses.

John Shepherd | 8 Mar 2017

Nordic food group Orkla has signed an agreement to acquire Dutch ice cream industry supplier Laan Heiloo.

Katy Askew | 9 Feb 2017

Orkla, the Nordic food maker, today (9 February) reported higher sales and earnings for 2016 despite seeing a slowdown in organic growth during the fourth quarter. 

John Shepherd | 9 Dec 2016

Food manufacturers in Norway have signed a pact with the country's government that sets "specific targets" for the reduction of sugar, salt and saturated fats in products in a bid to promote "healthier diets".

Katy Askew | 8 Dec 2016

Orkla has announced plans to convert its Swedish canned fish brand, Abba, to MSC certified, sustainable and traceable tuna. 

Katy Askew | 2 Nov 2016

Nordic food group Orkla is expanding its business in China in cooperation with Alibaba, with the launch of its own e-commerce store on the e-commerce giant's Tmall platform.

Dean Best | 1 Nov 2016

Orkla today (1 November) booked higher third-quarter sales and profits, with much of the Nordic food group's top-line growth driven by recent acquisitions.

Dean Best | 12 Oct 2016

Orkla CEO Peter Ruzicka has said the Nordic consumer goods group wants to reduce the number of its factories to a level "very far" from the current 106 plants.

John Shepherd | 2 Sep 2016

Norway-based Orkla has agreed a deal to buy a 70% stake in Broer Bakkerijgrondstoffen, a Dutch manufacturer of almond paste, bakery ingredients and ice cream powder. 

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.

Latest blogs

Dean Best | 4 Oct 2016

Orkla, one of the largest consumer goods companies in the Nordic region, has added to its portfolio this week with an acquisition of a brand in the health sector.

just-food homepage

Forgot your password?