In its press release of 9 April 2019, Orkla announced that it had entered into an agreement to purchase Zeelandia Sweden AB, a supplier of margarine, vegetable oils and bakery ingredients to the Swedish market.
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 June 2019.
Please find enclosed the press release issued 9 April 2019.
Orkla is a leading supplier of branded consumer goods and concept solutions to the consumer, 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 headquarters is in Oslo. In 2018, the Group had a turnover of NOK 41 billion, and approximately 18,500 employees as of 31 December 2018.
Oslo, 5 June 2019
Group Director Corporate Communications and Corporate Affairs
Tel.: +47 928 45 828
Tel.: +47 951 41 147