Orkla ASA

Based in Norway, Orkla ASA is a prominent industrial company specializing in consumer goods, offering a diverse portfolio that enhances everyday life through its various brands. Founded in 1654 in Oslo, Norway, Orkla ASA operates in the consumer goods sector, focusing on food, health, and personal care products. The company has executed a total of 5 deals and was recently involved in a PIPE funding round where Canica sold 50. 1 million shares, equivalent to a 5.

015% minority stake in the company. The firm’s leadership includes CEOs Nils Selte, Peter Ruzicka, Thomas Ljungqvist, and Pål Eikeland. Orkla ASA offers a wide range of products, primarily targeting brands and consumer-oriented companies. Its notable entities include Orkla Foods, Orkla Health, and Orkla Home and Personal Care, providing various food products, health supplements, and household goods.

The company distributes its products across Europe, Asia, and the Americas, serving individual consumers, retailers, and wholesalers, aiming to meet consumer needs through active brand management. In the most recent year, 2021, Orkla ASA reported a revenue of NOK 5,841,858,576. 9. The company's revenue is generated through sales and partnerships with retailers and wholesalers, focusing on a structured model that supports brand development and innovation.

In 2022, the EBITDA was reported at NOK -55,338,110. 2, reflecting the company's financial performance during that period. Orkla ASA plans to utilize recent funding from the PIPE round to support the development of new products and expand into new geographic regions. Specifically, the company is targeting markets in Europe and Asia for expansion by the end of 2023.

The newly designed products aim to enhance their existing portfolio, further addressing consumer needs and preferences.