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Orkla ASA

From Wikipedia, the free encyclopedia
(Redirected fromGöteborgs Kex AB)
Norwegian consumer goods conglomerate
Orkla ASA
Company typeAllmennaksjeselskap
Oslo Stock ExchangeORK
ISINNO0003733800
IndustryConglomerate
Founded1904; 121 years ago (1904)
HeadquartersOslo,Norway (formally registered inSarpsborg)
Key people
ProductsBrandedconsumer goods,aluminium products,financial investments
BrandsSee§ Brands
RevenueIncreaseUS$6.42 billion (2024)
5,100,000,000 Norwegian krone (2019) Edit this on Wikidata
IncreaseUS$492 million (2024)
Total assetsIncreaseUS$8.52 billion (2024)
Total equityIncreaseUS$4.28 billion (2024)
Number of employees
19,500 (2024)
Websiteorkla.com
Footnotes / references
[1]

Orkla ASA (Norwegian:[ˈoːʂkla]) is aNorwegianconglomerate operating inEurope, Asia and the US. At present, Orkla operates in the branded consumer goods, aluminium products and financial investment sectors. Orkla ASA is listed on theOslo Stock Exchange and its head office is inOslo, Norway. As of 31 December 2021[update], Orkla had 21,423 employees. The Group's turnover in 2021 totalledNOK 50.4 billion.

Operations

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Orkla's branded consumer goods division produces brands in many fields, primarily in theNordic region, but also in other places such as Central and Eastern European countries, and the Baltic region. Among the companies owned by Orkla areAbba Seafood,Beauvais foods,Chips,Felix,Göteborgs Kex,Kalev, KiMs,Lilleborg,MTR Foods, Rasoi Magic, Peter Möller,Nidar,OLW,Panda,Procordia Food,Stabburet,Sætre, Pierre Robert Group andLaima.

As of February 2020 Orkla had major ownership inJotun (42.6%).Borregaard was divested and listed on the Oslo Stock Exchange in 2012. Orkla's 50% interest ofSapa Group was sold in 2017.

History

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Orkla started out in 1654 withpyritemining atLøkken Verk inSør-Trøndelag,Norway. Later the company also started miningcopper, but copper mining was abandoned in 1845. In 1904Orkla Grube-Aktiebolag was founded byChristian Thams to start commercial mining at Løkken Verk, which included the construction ofThamshavnbanen, the firstelectric railway in Norway, between Løkken Verk andThamshavn. This railway is still operated as amuseum railway after the mining operations at Løkken Verk were closed on 10 July 1987.[2]

In 1929, Orkla became listed onOslo Stock Exchange and in 1931 the newsmelting plant at Thamshavn outsideOrkanger was opened. By 1941 Orkla started with a separate investments portfolio, and opened offices in Oslo in 1975. In 1984 Orkla started a major takeover of Norwegian newspapers, creating Orkla Media as one of the three largestmedia companies in Norway. Half of themagazine publisherEgmont-Mortensen was added to Orkla Media in 1992 and the DanishDet Berlingske Officin[3] in 2000. Orkla sold the media section toMecom in 2006.[4]

In 1986 Orkla merged withBorregaard based inSarpsborg to formOrkla Borregaard. The company then merged withNora Industrier in 1992. Borregaard was spun off and introduced to the Oslo Stock Exchange in October 2012, with Orkla retaining a minority stake in the company.[5] Orkla heavily invested infoods and among others acquired SwedishbreweryPripps as well as other companies, including Abba Seafood,Baltic Beverages Holding and Procordia Food. NorwegianRingnes and Pripps were merged withCarlsberg Breweries, where Orkla acquired a 40% ownership in 2000. Orkla sold its ownership in Carlsberg in 2004.

In 2005 Orkla bought the Norwegian material companyElkem andSapa Group in Sweden. In 2010 Orkla bought the Estonian confectionery companyKalev.[6]

In January 2011, Orkla sold Elkem toChina National Bluestar.[7]

In November 2018 Orkla announced that it will acquireFinnishKotipizza Group.[8]

In March 2022, Orkla Health announced it had acquired 100% of the shares of dietary supplements supplierHealthspan Group Limited for £65 million on a cash and debt-free basis.[9]

Brands

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Orkla Foods

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  • Abba Seafoodseafood (Sweden)
  • Ahti –herring
  • Bähncke – condiments
  • Banos – banana spread (Norway)
  • Beauvais – condiments
  • Big One – frozenpizzas (Norway)
  • Big One Diner – American food
  • Bjellands Fiskeboller – cannedfish balls (Norway)
  • Bob –juice, fruit preserves
  • Boy – herring
  • Den Gamle Fabrik – fruit preserves
  • Denja – salads, herrings (Norway)
  • Ejderns –caviar
  • Ekstrom – desserts
  • Everest – bottled water (Latvia)
  • Felix – condiments, potatoes, vegetables
  • Frödinge – desserts (Sweden)
  • Fun Light –squash
  • Geisha –rice products (Norway)
  • Gimsøy Baker'n – baking ingredients
  • Gimsøy Drinkmix – drink mix
  • Glyngøre – herring
  • Grandiosa – frozen pizzas
  • Grebbestads –anchovies
  • Gutta – juice (Latvia)
  • Gøy – squash
  • Hold-It – calzones
  • Hållö –shellfish
  • Idun – condiments (Norway)
  • Jacky – yoghurts, puddings
  • JOKK – juice
  • K-salat –salads
  • Kalles Kaviar – caviar (Sweden)
  • Kokkeklar –soups
  • Kung Gustaf – seafood
  • Latplanta – spices (Latvia)
  • Lierne – lefse
  • Limfjord – seafood
  • Liva Energi –energy drinks,protein drinks
  • Lucullus – herring
  • Løvstek – cube steak (Norway)
  • Mors hjemmebakte flatbrød –flatbrød (Norway)
  • Mr. Lee – instant noodles (Norway,Faroe Islands[10])
  • Mrs. Cheng's – Asian food
  • Nora – fruit preserves, canned vegetables, desserts, squash (Norway)
  • Nugatti – chocolate spreads (byStabburet, Norway; also sold inFinland[11])
  • Nøtte – hazelnut butter (Norway)
  • Pastella –pasta
  • Paulúns – natural food
  • Pizza Originale – frozen pizzas
  • Risifrutti – fridged porridges
  • SaritaS – Indian food (Norway)
  • Sjokade – chocolate spreads (Norway)
  • Spilva – condiments, canned vegetables, juices, ready meals (Latvia)
  • Stabburet Leverpostei –leverpostej
  • Stabburet Pai – frozenpies (Norway)
  • Stabburet Picnic – canned ham
  • Sunda –honey
  • SUSLAVICIUS – condiments, fruit preserves
  • Svennes – caviar
  • Tomtegløgg – mulled wine
  • Toro – soups, stews (including potatomoussaka andbeef stroganoff), desserts, spices, powdered drink mixes (Rieber & Søn, Norway; also sold inIceland)
  • Trondhjems – canned food (Norway)
  • Truly Thai – Thai food
  • Vesta – herring
  • Vestlandslefsa – lefse (Norway)
  • Vitana – bouilion powder, condiments (Czech Republic)
  • Vossafår – cold cuts
  • Önos – fruit preserves, squash

Orkla Snacks

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  • Ādažu čipsi – potato chips (Latvia)
  • Ballerina – cookies
  • Bamsemums – chocolate
  • Bergene Melk – chocolate
  • Bixit – cookies
  • Bocca – chocolate
  • Bubs - candy
  • Café Bakeriet – cookies
  • Caramello – chocolate
  • Crispo – chocolate
  • Cuba – chocolate
  • Doc – throat lozenges
  • Extra – chewing gum (distribution only)
  • Fresh walk – sandwiches
  • Fun Light – juice
  • Gjende – cookies
  • Göteborgs Kex – cookies
  • Gullbrød – marzipan
  • Hjemmelaget Julemarsipan – marzipan
  • Hobby – chocolate
  • Hubba Bubba – chewing gum (distribution only)
  • IFA – throat lozenges
  • Juicy Fruit – chewing gum (distribution only)
  • Julegris – marzipan pig
  • Julemarsipan – marzipan
  • Kalev – chocolates, biscuits, cookies, marzipans, caramels (Estonia)
  • KiMs – potato chips (Norway, Denmark)
  • Knott – candy
  • Kornmo – biscuits
  • Krembanan – chocolate
  • Kremtopper – chocolate
  • Krokantrøffel – chocolate
  • Laban – candy
  • Laima – chocolate (Latvia)
  • Laima sweets stores (Latvia)
  • Laima chocolate museum (Latvia)
  • Latfood – chips (Latvia)
  • Mokkabønner – chocolate
  • Mokkatrøffel – chocolate
  • Nero – chocolate, liquorice (byNidar, Norway)
  • New Energy – chocolate
  • Nidar – chocolates, bulk candy (Norway)
  • OLW [sv] – potato chips
  • Old Town Bakery – confectionery, cakes (Latvia)
  • Panda – chocolate, liquorice candy (Finland)
  • Panda Liqueur – chocolate
  • Pauluns Wholemeal flakes, muesli, bars (Sweden)
  • Pedro – salty snacks (Latvia)
  • Polly – nuts (by KiMs Norge, Norway)
  • Safari – cookies
  • Sfinx – chocolate confections (byNidar)
  • Skipper – liquorice candy
  • Smash! – chocolate (by Nidar, Norway)
  • Selga – cookies and waffles (Latvia)
  • Staburadze – confectionery and cakes (Latvia)
  • Smørbukk – caramel
  • Snøstenger – marzipan
  • Stratos – chocolate
  • Sætre – biscuits, cookies (Norway)
  • Troika – chocolate
  • Taffel The Original Snacks – salty snacks (Finland)

Orkla Care

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Lilleborg

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  • Blenda – laundry products
  • Comfort – fabric softeners
  • Define – hair care products
  • Dr. Greve – hygiene products
  • Jif – cleaning products
  • Jordan – dental hygiene products, cleaning supplies
  • Klorin – chlorine products
  • Krystal – cleaning products
  • Lano – soap
  • Lypsyl – moisturising lip balm (distribution only)
  • Milo – laundry products
  • Naturelle – soaps
  • OMO – detergents
  • Pepsodent – toothpaste (distribution only)
  • Persil – laundry products
  • Salmi – cleaning products
  • Solidox – toothpaste
  • Sterilan – deodorants
  • Sun – dishwashing
  • Svint – steel wool soap
  • Zalo – dishwashing products

Orkla Health

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  • Collett – vitamin supplements
  • CuraMed – throat lozenges
  • Gerimax – ginseng products
  • Gevita – vitamin supplements, mineral supplements, herbal remedies
  • Litozin – rosehip powder
  • Maxim – sports nutrition
  • Möllers Tran – Omega-3 products
  • Nutrilett – protein bars, dieting products
  • Pikasol – Omega-3 supplements
  • Sana-sol – vitamin supplements
  • Triomar – Omega-3 supplements
  • Vitaminbjørner – vitamin supplements
  • Vivag – intimate care products

Pierre Robert Group

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  • La Mote – clothes
  • Pierre Robert – clothes

Orkla Food Ingredients

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  • AMA – margarine
  • Bakkedal – butter
  • BaKo – baking equipment, cake decorations
  • Bæchs Conditori – baked goods
  • Candeco – cake decorations, ice cream decorations
  • Credin – baking products
  • Frima Vafler – ice cream cones
  • Jästbolaget – yeast
  • Kronjäst – yeast
  • KåKå – baking products
  • Mors Hjemmebakte – baking products
  • Naturli' – organic beverages
  • Nic – ice cream accessories
  • Odense – marzipan, nougat, chocolate
  • Sonneveld – professional baking products

Other investments

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References

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  1. ^Orkla ASA 2021 Annual Report(PDF) (Report). Orkla. pp. 27, 31, 45.Archived(PDF) from the original on 2022-03-25. Retrieved2022-07-20.
  2. ^Orkla Industriemuseum
  3. ^Robert G. Picard, ed. (2002).Media Firms: Structures, Operations, and Performance. Mahwah, NJ: Lawrence Erlbaum Associates. p. 127.[ISBN missing]
  4. ^Eva Harrie (2009)."The Nordic Media Market"(PDF). Göteborg: Nordicom, University of Gothenburg. Retrieved10 December 2014.
  5. ^About us: Historyborregaard.no. Retrieved 11 November 2012.
  6. ^"Orkla - Orkla acquires controlling interest in Elkem".www.orkla.com. Retrieved2025-08-06.
  7. ^"Orkla sells Elkem to China's BlueStar for $2 bln".Reuters. 2011-01-11. Retrieved2025-08-06.
  8. ^"Orkla to buy pizza restaurant chain Kotipizza".www.just-food.com. 2018-11-22. Archived fromthe original on 2019-02-20. Retrieved2019-02-19.
  9. ^Wolfe, Jane (2022-03-16)."Orkla Health announces Healthspan acquisition -".www.naturalproductsonline.co.uk. Retrieved2022-03-16.
  10. ^"Nudlir Arkiv - Heimakeyp" (in Faroese). Retrieved14 July 2021.
  11. ^"Nutella sai aivan uuden kilpailijan - testasimme Nugatin, jonka vähä sokerisempi versio todella yllätti".Ilta-Sanomat (in Finnish). 8 October 2020. Retrieved23 August 2021.

External links

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