In its press release of 21 November 2017, Orkla announced that it had entered into an agreement to acquire Health and Sports Nutrition Group HSNG AB. The transaction has been approved by relevant competition authorities, and was completed today.
The company will be consolidated into Orkla's financial statements as from 1 February 2018.
Please find enclosed the press release issued 21 November 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, 30 January 2018
Group Director Corporate Communications and Corporate Affairs
Tel.: +47 928 45 828
Tel.: +47 951 41 147