Orkla ASA has acquired NP Foods Group
Orkla ASA, a leading supplier of branded consumer goods, has acquired NP Foods Group. The group includes Laima, the leading confectionery producer in Latvia, Staburadze, the leading Baltic biscuit producer, and Gutta, a leading pan-Baltic juice brand, and brands in the convenience foods segment. Financial details of this transaction have not been disclosed.
Orkla ASA is listed on the Oslo Stock Exchange and headquartered in Oslo, Norway. Orkla is a leading supplier of branded consumer goods and concept solutions to the grocery and out-of-home sectors in the Nordic and Baltic regions. Following the 2010 acquisition of Kalev, the leading confectionery producer in Estonia, Orkla strived to expand its Baltic reach. The transaction will enable Orkla to optimize its production bases in the region, and extract synergies.
NP Foods Group is a market-leading branded chocolate, biscuits, sugar confectionery, convenience food and soft drinks group operating primarily in Latvia, Lithuania and Estonia, and exporting to more than 25 countries including Russia and China.
Oaklins' team in Estonia served as the exclusive advisor to the buyer in this transaction.
Talk to the deal team
Related deals
Agrova International has acquired Sunrise Eggs
Agrova International, led by its founder Jurijs Adamovičs, has acquired 100 percent of the shares in Sunrise Eggs, a UK-based egg production and distribution company. This acquisition significantly expands Agrova’s operational footprint and strengthens its position as a pan-European player in the egg and egg protein industry. The transaction was supported with funding from Accession Capital Partners (ACP), a growth capital provider with experience in the agriculture sector.
Learn moreRugenbräu AG has secured succession and remains locally owned
Two members of Rugenbräu AG’s management team, Remo Kobluk, CEO, and Christian Schneiter, head of finance and HR, together with Bernese entrepreneur Bernard Fuhrer, owner and CEO of Felsenau Brewery, and Bern-based attorney Dominique Gottret, have jointly acquired the traditional brewery in the canton of Bern. This transaction ensures that Rugenbräu AG remains in Bernese hands, led by individuals who have known the company for many years and share a close connection with it.
Learn moreGrain de Sail has sold a minority stake to GO CAPITAL, Bpifrance and other investors
Grain de Sail, France’s leading producer of organic coffee and chocolate and a pioneer in sail-powered freight transport, has completed a capital increase subscribed by a group of investors led by GO CAPITAL and Bpifrance. The transaction provides new financial resources to support the company’s development and strengthen its position in the sustainable food and low-carbon maritime transport markets.
Learn more