Orkla expands in ice cream
Orkla Food Ingredients, through its wholly-owned subsidiary Idun Industri AS, has entered into an agreement to acquire 100 per cent of the shares in the German sales and distribution company Eisunion GmbH, a full-range supplier of ice cream ingredients and accessories.
Eisunion is a leading market player in Germany. Orkla is one of Norway’s leading suppliers of ingredients and semi-manufactured products to the ice cream industry, and provides ice cream ingredients and accessories in all the Nordic countries and Great Britain. With the acquisition of Eisunion, OFI is expanding its business activities for ice cream ingredients and accessories to Germany.
“This acquisition is in line with Orkla’s aim to grow in selected niches where we see potential for further growth and improved operations. Eisunion has a leading position as a supplier to the German ice cream market, and is strategically important for increasing OFI’s presence in selected geographical markets in Europe,” says Pål Eikeland, EVP and CEO of Orkla Food Ingredients.