The bakery and snacks sector has been one of the busiest sectors impacted by M&A (mergers and acquisitions) in the ingredient space over the past decade.
Orkla Foods Danmark A/S is continuing is momentous acquisition surge with the procurement of bakery ingredients supplier Zeelandia Sweden AB from Dutch firm Koninklijke Zeelandia Groep B.V.
The wholly-owned Danish subsidiary of the Norwegian producer, Orkla Foods Danmark, has entered into an agreement to purchase 90% of the shares in Easyfood to strengthen its position in channels that are reflecting a higher growth than traditional grocery...
Norwegian group Orkla has expressed interest in takeovers beyond
its $1.76 billion bid for aluminium packaging manufacturer Elkem
after it reported a stronger than expected 25 per cent rise in
fourth quarter-core earnings.
Norwegian group Orkla has revised its takeover bid for aluminium
group Elkem in order to make it more attractive to shareholders,
including US metal packaging giant Alcoa.
Norwegian group Orkla has boosted its ownership in metals maker
Elkem to over 50 per cent and launched a takeover bid for the rest,
writes Anthony Fletcher.