Food industry company news

Subscribe via RSSWhat is RSS?

Latest Insights

Big Food's VC-style funds: the investments so far

Our guide to some of the main in-house venture capital funds operated by major food businesses....

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...

Katy Askew | 17 Dec 2015

Nordic food group Orkla is expanding its presence in central Europe through the acquisition of Czech Republic-based Hamé. The deal offers cost and revenue synergies and expands Orkla's presence in categories that are complementary to its portfolio. It also feeds into Orkla's strategy of focusing on regional categories and markets where it can build scale but which have, on the whole, gone under the radar of multinational competitors. Katy Askew reports. 

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.

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

just-food.com | 9 Feb 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Simon Harvey | 1 Feb 2018

Norway-based food company Orkla said it has closed an agreement to buy Denmark's Struer Brod, a producer of breakfast cereals and breadcrumbs.

just-food.com | 21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Andy Coyne | 12 Dec 2017

Scandinavian food group Orkla has developed a new vegan burger for fast-food giant McDonald's to be formally launched in Finland and Sweden later this month.

Simon Harvey | 28 Nov 2017

Norway's Orkla plans to consolidate production of its vegan Anamma brand into one site at Eslov in Sweden.

Andy Coyne | 21 Nov 2017

Nordic consumer goods group Orkla is to acquire Sweden's Health and Sports Nutrition Group (HSNG).

Simon Harvey | 20 Nov 2017

Norway's Orkla has signed an agreement to buy Czech frozen vegetable producer Agrimex.

just-food.com | 17 Nov 2017

just-food publishes the most notable product development from the international food sector, presented in bitesize format to give you a flavour of the innovation from your peers and competitors announced this week.

Andy Coyne | 15 Nov 2017

Orkla is to sell its K-Salat business in Denmark to Norway's Stryhns, part of the Norwegian food group Agra AS.

Andy Coyne | 25 Oct 2017

Nordic food group Orkla has announced the acquisition of Norwegian ingredients supplier Arne B. Corneliussen for an undisclosed sum.

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.

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.

Forgot your password?