Orkla's FMCG focus leads to Rieber buy
In the spotlight: Orkla praised for Rieber deal despite high price
Orkla, the Norwegian conglomerate with interests in aluminium and finance as well as pizza and chocolate, wants to focus on…
UPDATE: NORWAY: Orkla CEO champions Rieber & Son “strength”
Orkla CEO Åge Korsvold today (20 August) defended Rieber & Søn's recent performance as the Norwegian conglomerate announced a deal…
NORWAY: FMCG-hungry Orkla to buy rival Rieber & Son
Norwegian conglomerate Orkla, which is reshaping its business to focus on consumer goods, is to buy local food group Rieber…
NORWAY: European slowdown hits Rieber & Son
Norwegian food manufacturer Rieber & Søn today (12 July) reported lower half-year sales and profits, blaming low consumer confidence in…
On the move: Orkla pledges to step up FMCG focus as CEO exits
Seven months ago, Orkla CEO Bjørn Wiggen announced the Norwegian conglomerate would focus on the FMCG sector, earning praise from…
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NORWAY: Staff costs hit Rieber & Son FY profits
Norwegian food group Rieber & Søn has posted a drop in full-year profits, hurt by a one-off cost related to…
NORWAY: Orkla to use M&A in branded focus
Norwegian conglomerate Orkla has revealed it plans to focus on branded goods and will use acquisitions to build its business…