In the spotlight: Orkla praised for Rieber deal despite high price
Orkla, the Norwegian conglomerate with interests in aluminium and finance as well as pizza and chocolate, wants to focus on…
Orkla's FMCG focus leads to Rieber buy
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UPDATE: NORWAY: Orkla CEO champions Rieber & Son “strength”
Orkla CEO Åge Korsvold today (20 August) defended Rieber & Søn's recent performance as the Norwegian conglomerate announced a deal…
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NORWAY: FMCG-hungry Orkla to buy rival Rieber & Son
Norwegian conglomerate Orkla, which is reshaping its business to focus on consumer goods, is to buy local food group Rieber…
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NORWAY: European slowdown hits Rieber & Son
Norwegian food manufacturer Rieber & Søn today (12 July) reported lower half-year sales and profits, blaming low consumer confidence in…
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On the move: Orkla pledges to step up FMCG focus as CEO exits
Seven months ago, Orkla CEO Bjørn Wiggen announced the Norwegian conglomerate would focus on the FMCG sector, earning praise from…
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NORWAY: Staff costs hit Rieber & Son FY profits
Norwegian food group Rieber & Søn has posted a drop in full-year profits, hurt by a one-off cost related to…
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NORWAY: Orkla to use M&A in branded focus
Norwegian conglomerate Orkla has revealed it plans to focus on branded goods and will use acquisitions to build its business…