Orkla to acquire of Swedish e-commerce company HNSG for US$42m

NORWAY - Orkla, a leading supplier of branded consumer goods and concept solutions to the grocery, has entered into an agreement to acquire the Swedish company Health and Sports Nutrition Group HSNG AB (HSNG). HSNG runs the e-commerce portals Gymgrossisten and Bodystore, and is the biggest online health and sport nutrition company in the Nordic…

Nordic Sugar invests US$22.7m in new silo at its sugar factory

SWEDEN - Swedish-based Nordic Sugar has invested US$22.7 million in a new silo to increase capacity and also increase the efficiency at its sugar factory in Örtofta. The new silo can store up to 80,000 tonnes of sugar and will increase the efficiency of the entire production chain from production to energy consumption and logistics.…