Orkla's acquisition of Arne B. Corneliussen AS completed
In its press release of 25 October 2017, Orkla announced that it had entered into an agreement to purchase Arne B. Corneliussen AS, a leading manufacturer and supplier to the Norwegian food industry. The agreement has been approved by the Norwegian competition authorities, and the transaction has today been completed.
Please find enclosed the press release issued 25 October 2017.
Orkla is a leading supplier of branded consumer goods and concept solutions to the grocery, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India. Orkla is listed on the Oslo Stock Exchange and its head office is in Oslo. In 2016, the Group had a turnover of approximately NOK 38 billion, and 18,000 employees at year end.
Oslo, 1 December 2017
Group Director Corporate Communications and Corporate Affairs
Tel.: +47 928 45 828
Tel.: +47 951 41 147