Blog:
Orkla goes with its gut on latest acquisition
Dean Best | 4 October 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.
The company has completed an agreement to acquire Polish brand Colon-C from A-Z Medica, a producer and distributor of natural herbal supplements, dietary supplements and cosmetics.
Orkla described Colon-C as "a leading brand in the constipation category and a strong market leader in the fibre segment".
Colon-C is to join Orkla's other brands targeted at improving the gut health of consumers. Orkla already owns the herbal medicine Husk and the antacid Samarin.
The deal underlines Orkla's interest in healthcare. The group's Orkla Health division already generates annual sales of NOK1.6bn, with a portfolio that also includes Möller’s omega-3, weight management brand Nutrilett and LongoVital dietary supplements. Orkla's health products are primarily sold through grocery stores, health food stores and pharmacies. The business counts the Nordic region, the Baltic states and Poland as the "home markets" for the products, although it says they have a presence "in many countries".
The move for Colon-C and the extent of Orkla's health-focused portfolio is another example of how a food or food-centric company is looking to grow its presence in the area, with Nestle also among the businesses steadily building its operations in the field of what it calls "health science".
Sectors: Emerging markets, Health & wellness, Mergers & acquisitions
Companies: Orkla
BLOG
UK regulator shines light on Amazon's Deliveroo investment
Amazon's move to invest in UK food-delivery business Deliveroo caught the eye when it was announced in May – but it’s also attracted the attention of the country’s competition regulator....
BLOG
Amazon tries again in UK food delivery
Perhaps today's most eye-catching corporate food story here in the UK is Amazon's decision to invest in food-delivery business Deliveroo....
Most Popular
Insights
- Plant-based meat's Asia optimism
- Hatching new ideas – incubators, accelerators
- Covid sweetens China interest in functional candy
- How Covid has shaped Brazil frozen-food market
- Covid-19 has closed digital age gap
News
- UK reveals latest figures for food exports to EU
- Kerry's talks over asset sale suspended
- Granarolo eyes M&A targets at home and abroad
- Germany changes rules on advertising food to kids
- Sweet Harvest Foods has new private-equity owner
Market research
- China In-depth PESTLE Insights
- Arla Foods amba - Strategy, SWOT and Corporate Finance Report
- Meal Kits (Prepared Meals) Market in South Korea - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
- Ice Cream in the Netherlands
- Mars Inc - Strategic SWOT Analysis Review