Orkla appoints Harald Ullevoldsæter as new chief financial officer

NORWAY –  Orkla, the Norwegian branded consumer goods conglomerate has appointed Harald Ullevoldsæter as the new Executive Vice President and Chief Financial Officer, effective 1 March 2020. Harald, who returned to Orkla earlier this year […]

Orkla Food acquires Dutch bakery ingredients manufacturer Vamo

NETHERLANDS – Orkla Food Ingredients, through its wholly-owned subsidiary Sonneveld Group, has acquired Dutch company Vamo produkten voor de Bakkerij, for an undisclosed sum. Vamo manufactures ingredient mixes and concentrates for manufacturers of artisan bakery […]

Orkla buys Portugal health drinks and Swedish frozen foods businesses

EUROPE – Norwegian branded consumer goods company, Orkla has announced two acquisitions in Portugal and Sweden to expand its portfolio of organic and health-focused products. Orkla has completed an agreement to buy a 43.5% stake […]

Orkla buys Danish breakfast cereal brand Pama from PepsiCo

DENMARK – Orkla Foods Danmark A/S has entered into a definitive agreement to acquire the Danish breakfast cereal and well-known porridge brand, Pama from PepsiCo. The deal whose purchase price has not been disclosed include […]

Orkla to acquire Finland’s chain of pizza restaurants Kotipizza for US$166m

EUROPE – The Norwegian consumer goods conglomerate Orkla has agreed to acquire the Finnish pizza restaurant chain Kotipizza (Kotipizza Group) at a valuation of US$166.24 million. The offer includes purchase all the shares in Kotipizza […]

Orkla consolidates biscuits production to build new factory in Europe

NORWAY – Orkla, a Norwegian conglomerate operating in the Nordic region, has consolidated production of biscuits in the Group, to build a new biscuits factory outside Latvia, Europe. According to the company, investing in a […]