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History in brief

History in brief

Here is an overview of milestones and major events in the history of Orkla.

Cederroth logo
2015 Orkla enters into an agreement to acquire the branded consumer goods company Cederroth >. Through this acquisition, Orkla Home & Personal became one of the leading Nordic suppliers of personal care, health, wound care and household cleaning products. Orkla Home & Personal changes its name to Orkla Care >.
NP Foods logo
2014 Peter A. Ruzicka takes over as Group President and CEO. Orkla enters into an agreement to purchase NP Foods Group >. The acquisition nearly doubles the scale of Orkla’s Baltic operations, making Orkla one of the largest consumer goods companies in the region.
Orkla logo
2013  The Orkla Branded Consumer Goods business area is re-organised > into five units: Orkla Home & Personal, Orkla Confectionery & Snacks, Orkla Foods, Orkla International and Orkla Food Ingredients.
Rieber & Søn logo
2012 Åge Korsvold takes over as Group President and CEO. Orkla enters into agreements to acquire Norwegian branded consumer goods companies Jordan > and Rieber & Søn >. Borregaard > is divested and listed on the Oslo Stock Exchange.
Elkem logo
2011 Orkla announces that its strategic focus will be on creating growth in its branded consumer goods operations >. Sale of Elkem > to China National Bluestar Group Co., Ltd (Bluestar). Sale of most of Orkla’s share portfolio and certain other non-core assets.
Borregaard Skoger logo
2010 Bjørn M. Wiggen takes over as Group President and CEO. Sale of Orkla’s forest companies > Borregaard Skoger AS, AS Børresen and Borregaard Vafos AS.
Sapa logo
2009  Swap of assets between Alcoa and Orkla > where Orkla receives Alcoa's ownership interest in Sapa Profiler, and Alcoa receives Orkla's ownership interest in Elkem Aluminium.
  2008 The Orkla Branded Consumer Goods business area > is co-ordinated in terms of management and organisation. 
MTR Foods logo
2007 A deal with Good Energies Investment and Q-Cells makes Orkla the largest owner of Renewable Energy Corporation (REC) > with 39,99 % of the shares. Orkla acquires MTR Foods > in India. MTR Foods' domestic market is Southern India, and the company holds leading positions in its categories.
2006  Orkla Media > is sold. Orkla acquires Dansk Droge > and the Russian chocolate company Krupskaya >.
Chips logo
2005 Orkla takes over Elkem/Sapa > and Chips Abp >. Dag J. Opedal takes over as Group President and CEO.
2004  Carlsberg Breweries > sold. Orkla buys SladCo >, a leading Russian manufacturer of chocolate, biscuits and confectionery products.
  2001 Finn Jebsen takes over as Group President and CEO.
2000 Orkla enters into a joint venture with Carlsberg A/S > and acquires a 40 % interest in Carlsberg Breweries >. Orkla Media purchases the Danish media group Det Berlingske Officin >. The sale of NetCom shares > yields a gain of NOK 2,239 million.
Ringnes logo
1997 Orkla Beverages increases its focus on Eastern Europe by acquiring an interest in Baltic Beverages Holding. Pripps Ringnes is now wholly owned by Orkla.
Abba Seafood logo
1995 Orkla takes over the food manufacturing companies Procordia Food and Abba Seafood in Sweden. The Swedish brewery Pripps and the Norwegian brewery Ringnes merge and are jointly owned by Orkla and Volvo. Orkla invests heavily in Russia through Baltic Beverages Holding.
Egmont Hjemmet Mortensen logo
1992 Orkla Media and Norske Egmont establish the magazine company Hjemmet Mortensen.
  1991 A merger with Nora Industrier lays the foundation for focus on the Nordic branded consumer goods sector.
  1987 Mining operations at the Løkken Works are closed down at the end of the afternoon shift on 10 July.
Orkla Borregaard
1986 Orkla and Borregaard merge and form Orkla Borregaard. The company’s core businesses are branded consumer goods, chemicals and financial investments.
  1984 Orkla invests heavily in the media sector, purchasing the publishing company Ernst G. Mortensens Forlag.
  1981 Orkla and Outokumpu enter into a 50/50 joint-venture over the mining operations at Løkken Verk.
  1980 Salg av større aksjepost i Norsk Hydro gir en solid kapitalinnsprøytning. Aksjen hadde steget fra 150 til 800 kroner, mye på grunn av oljekrisen.
  1979 Jens P. Heyerdahl d.y. becomes the Managing Director of Orkla Industrier.
  1977 Orkla becomes a fully Norwegian-owned company when Skandinaviska Enskilda Banken sells its shares. Financial Investments become a separate business division. 
  1975 Orkla establishes an office in Oslo with a view to expanding the company’s industrial platform.
  1941 Orkla Industrier begins to build its investment portfolio.
  1931 The smelting plant in Thamshavn starts up operations, based on the sulphur extraction process developed by Orkla.
Orkla aksje
1929 Orkla becomes a listed company.
  1913 Marcus Wallenberg sr. of the Swedish family of financiers becomes Chairman of the Board of Directors.
  1908 HRH King Haakon opens the Thamshavn railway, Norway’s first electric railway.
Orkla Grube-Aktiebolag

1904 Orkla Grube-Aktiebolag is established to continue mining operations at Løkken Verk.


  1898 Christian Thams starts planning industrial-scale mining operations. Chr. Salvesen & Chr. Thams's Communications Aktieselskab is founded to build a railway from the mine to the port.
  1845 The last copper ore is smelted, and in 1851 the transition is made to pyrite and new operations.
  1760 The last royally appointed director of the Løkken Works, Hans Rasmussen Müller, dies.
  1705 Norwegian citizens become main partners.
  1654 First pyrite mining operations at Løkken Verk.