Orkla has entered into and completed an agreement to sell 100% of the shares in Lilleborg AS to Solenis, effective as of 12 June 2024. The transaction values Lilleborg at NOK 600 million on a cash and debt free basis.
Lilleborg supplies professional cleaning solutions and is the market leader in the Norwegian B2B market. Lilleborg has since 2004 been the exclusive distributor for Diversey, a S
Arne B. Corneliussen AS (“ABC”) has signed and completed an agreement to acquire Norstamp AS (“Norstamp”) from Stormbull AS. Norstamp delivers labelling and packaging solutions to the Norwegian market.
ABC, an Orkla Food Ingredients subsidiary, has agreed to purchase 100% of the shares in Norstamp.
Norstamp, which will remain an independent operation after the acquisition, is a well-establis
Orkla is to be transformed into a leading industrial investment company with a brands and consumer-oriented scope. Orkla will consist of 12 portfolio companies.
Orkla’s Board of Directors decided yesterday to establish a new corporate structure and management team.
“We want to establish a corporate structure and culture that creates greater value and entails greater autonomy and responsibili
Through its Indian companies, MTR Foods and Eastern Condiments, Orkla has donated NOK 3 million for local pandemic relief in the states of Kerala and Karnataka.
Orkla has over 4000 employees in India in the food companies MTR Foods and Eastern Condiments. MTR Foods is located in Karnataka and headquartered in Bangalore, while Eastern Condiments is located in the Kerala area. As is the case all
Orkla brand managers won gold in world championship in marketing. Never before has anyone from Norway won this prestigious award.
Orkla Health has completed its purchase of 100 per cent of the shares in NutraQ 2 AS (NutraQ), a leading supplier of subscription-based health and wellness products in the Nordic region. The acquisition has now been approved by all relevant competition authorities.
With its subscription-based business model, NutraQ represents a new business approach for Orkla.
“This acquisition will offer Or
Orkla is backing a global campaign aimed at mobilising business and industry to set climate targets aligned with the 1.5ºC target.
The Governance Group consultancy and BI Norwegian Business School have reviewed and ranked the sustainability reporting of the hundred largest companies on the Oslo Stock Exchange. Orkla placed third in the ranking.
On Saturday, 30 March 2019, at 8:30 PM, lights will be turned out once again in country after country, as Earth Hour sweeps across the planet through the different time zones. We at Orkla will be a part of this event.
For the third year in a row, we are featured in the FTSE4Good Index, which highlights companies with strong environmental, social and governance (ESG) practices.
On Saturday, 4 May, at a UN conference in Geneva, we shared the experience that Orkla has gained in its effects to reduce plastic waste.
Climate change is one of the greatest challenges of our time. Working to reduce greenhouse gas emissions is therefore one of our most important tasks when it comes to the environment. Read more here about how we at Orkla take responsibility for the environment and climate.