Orkla opens doors to M&A, divestments with structural business revamp
Orkla has spun-off its businesses into 12 individual units, opening the door for M&A and divestments at the Nordic food group.
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Orkla has spun-off its businesses into 12 individual units, opening the door for M&A and divestments at the Nordic food group.
Norwegian food firm Orkla may have to up its use of palm oil as the war in Ukraine disrupts supplies of sunflower oil.
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Norway-based food group Orkla has continued its acquisition spree by buying Polish sales and distribution company Ambasador92. The deal for Ambasador92 was done through Orkla's subsidiary PGD SP. The company said the acquisition – for an undisclosed sum – will strengthen its presence in growing sales channels where Orkla Food Ingredients already holds a "strong position". Ambasador92 is involved in the sales and distribution of bakery and confectionery products in northern Poland and is active in the growing out-of-home channel, consisting of bakeries, confectioners, ice-cream producer...
Get full access to all content, just $1 for 30 days A Message From The Editor just-food gives you the widest food market coverage. But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives. Try just-food for 30 days and get the research report; âIs sugar the next tobaccoâ for free! Dean Best, editor of just-food