Orkla ASA - Company Profile
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Orkla ASA (Orkla) is a supplier of branded consumer goods and concept solutions to grocery, bakery and out-of-home markets. The company’s products portfolio includes margarine and butter blends, marzipan and ice cream, bread and cake improvers and mixes, household care and personal care products, dietary supplements and health products, painting tools and cleaning products. Orkla markets its products under Nugatti, Fun Light, Toro, Denja, MTR, Panda brand names. The company has its operations in consumer goods, renewable energy, and real estate sectors. It has a business presence across Europe, the Americas, Asia-Pacific and the Middle East regions. Orkla is headquartered in Oslo, Norway.
Orkla ASA premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Orkla Foods Europe: | Eastern |
Frozen Pizza | Fun Light |
Ketchup | Grumme |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Stake Sale | In October, the company completed the sale of a minority stake in its food and ingredients unit, Orkla Food Ingredients to Rhone. |
2023 | Financing Agreements | In October, the company along with other investors invested in Eden Brew. |
2023 | Contracts/Agreements | In July, Orkla Confectionery & Snacks received Elematic 3001 WA Compact case packer technology from Syntegon. |
Competitor Comparison
Key Parameters | Orkla ASA | Nestle SA | Mars Inc | Mondelez International Inc | Premium Brands Holdings Corp |
---|---|---|---|---|---|
Headquarters | Norway | Switzerland | United States of America | United States of America | Canada |
City | Oslo City | Vevey | Mclean | Chicago | Richmond |
State/Province | Oslo | Waadt | Virginia | Illinois | British Columbia |
No. of Employees | 19,671 | 270,000 | 140,000 | 91,000 | 13,095 |
Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Stein Erik Hagen | Chairman | Executive Board | 2006 | 67 |
Nils K. Selte | Chief Executive Officer; President | Senior Management | 2022 | 58 |
Harald Ullevoldsæter | Chief Financial Officer; Executive Vice President | Senior Management | 2020 | 60 |
Atle Vidar Nagel Johansen | Executive Vice President - Consumer Goods Business | Senior Management | 2022 | 60 |
Christina Fagerberg | Director | Non Executive Board | 2022 | 49 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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