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Orkla ASA

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Orkla ASA
Company typeAllmennaksjeselskap
OSE: ORK
IndustryConglomerate
Founded1654
HeadquartersOslo, Norway (formally registered in Sarpsborg)
Key people
Jaan Ivar Semlitsch (President and CEO), Stein Erik Hagen (Chairman)
ProductsBranded consumer goods, aluminium products, financial investments
RevenueNOK 43.6 billion (2019)[1]
NOK 5.1 billion (2019)[2]
3,898,000,000 Norwegian krone (2019) Edit this on Wikidata
Number of employees
18,348 (2019)[3]
SubsidiariesVarious branded consumer goods companies
Websitewww.orkla.com

Orkla ASA is a Norwegian conglomerate operating in the Nordic region, Eastern Europe, Asia and the US. At present, Orkla operates in the branded consumer goods, aluminium solutions and financial investment sectors. Orkla ASA is listed on the Oslo Stock Exchange and its head office is in Oslo, Norway. As of 31 December 2018, Orkla had 18,510 employees. The Group’s turnover in 2018 totalled NOK 40.8 billion.

Operations

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

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

History

Orkla started out in 1654 with pyrite mining at Løkken Verk in Sør-Trøndelag, Norway. Later the company also started mining copper, but copper mining was abandoned in 1845. In 1904 Orkla Grube-Aktiebolag was founded by Christian Thams to start commercial mining at Løkken Verk, including the construction of Thamshavnbanen, the first electric railway in Norway, between Løkken Verk and Thamshavn. This railway is still operated as a museum railway after the mining operations at Løkken Verk were closed on 10 July 1987.

In 1929, Orkla became listed on Oslo Stock Exchange and in 1931 the new smelting plant at Thamshavn outside Orkanger is 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 largest media companies in Norway. Half of the magazine publisher Egmont-Mortensen is added to Orkla Media in 1992 and the Danish Det Berlingske Officin[4] in 2000. Orkla sold the media section to Mecom in 2006.[5]

In 1986 Orkla merged with Borregaard based in Sarpsborg to form Orkla Borregaard. The company then merged with Nora 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.[6] Orkla heavily invests in foods and among others acquired Swedish brewery Pripps as well as other companies including Abba Seafood, Baltic Beverages Holding and Procordia Food. Norwegian Ringnes and Pripps were merged with Carlsberg Breweries, where Orkla acquires a 40% ownership in 2000. Orkla sold its ownership in Carlsberg in 2004, the same year it buys SladCo.

In 2005 Orkla bought the Norwegian material company Elkem and Sapa Group in Sweden. In 2010 Orkla bought the Estonian confectionery company Kalev. At the beginning of 2013 Orkla owns <<Слад&Ко>> (SladCo), <<Фабрика имени Крупской>> (Fabrika imeni Krupskoy), <<Конфи>> (Konfi), <<Волжанка>> (Volzhanka), <<Пекарь>> (Pekar), <<Азарт>> (Azart) confectionery brands through Orkla brands Russia. It is known to be the fifth largest confectionery producer in Russia.[7]

In November 2018 Orkla announced that it will acquire Finnish Kotipizza Group.[8]

Brands

Orkla Foods

  • Abba Seafood - Seafood (Sweden)
  • Ahti - Herring
  • Bähncke - Condiments
  • Banos - Banana spread
  • Beauvais - Condiments
  • Big One - Frozen pizzas
  • Big One Diner - American food
  • Bjellands Fiskeboller - Canned fish balls
  • Bob - Juice, fruit preserves
  • Boy - Herring
  • Den Gamle Fabrik - Fruit preserves
  • Denja - Salads, herrings
  • Ejderns - Caviar
  • Ekstrom - Desserts
  • Everest - Bottled water (Latvia)
  • Felix - Condiments, potatoes, vegetables
  • Frödinge - Desserts
  • Fun Light - Squash
  • Geisha - Rice products
  • Gimsøy Baker'n - Baking ingredients
  • Gimsøy Drinkmix - Drink mix
  • Glyngøre - Herring
  • Grandiosa - Frozen pizzas (Norway)
  • Grebbestads - Anchovies
  • Gutta - Juice (Latvia)
  • Gøy - Squash
  • Hold-It - Calzones
  • Hållö - Shellfish
  • Idun - Condiments
  • Jacky - Yoghurts, puddings
  • JOKK - Juice
  • K-salat - Salads
  • Kalles Kaviar - Caviar
  • Kikkoman - Soy sauces
  • Kokkeklar - Soups
  • Kung Gustaf - Seafood
  • Latplanta - Spices (Latvia)
  • Lierne - Lefse
  • Limfjord - Seafood
  • Liva Energi - Energy drinks, protein drinks
  • Lucullus - Herring
  • Løvstek - Cube steak
  • Mors hjemmebakte flatbrød - Flatbrød
  • Mr. Lee - Instant noodles
  • Mrs. Cheng's - Asian food
  • Nora - Fruit preserves, canned vegetables, desserts, squash (Norway)
  • Nugatti - Chocolate spreads (by Stabburet, Norway)
  • Nøtte - Hazelnut butter
  • Pastella - Pasta
  • Paulúns - Natural food
  • Pizza Originale - Frozen pizzas
  • Risifrutti - Porridges
  • SaritaS - Indian food
  • Sjokade - Chocolate spreads
  • Spilva - Condiments, canned vegetables, juices, ready meals (Latvia)
  • Stabburet Leverpostei - Leverpostej
  • Stabburet Pai - Frozen pies
  • Stabburet Picnic - Canned ham
  • Sunda - Honey
  • SUSLAVICIUS - Condiments, fruit preserves
  • Svennes - Caviar
  • Tomtegløgg - Mulled wine
  • Toro - Soups, desserts, spices, powdered drink mixes (Rieber & Søn, Norway)
  • Trondhjems - Canned food
  • Truly Thai - Thai food
  • Vesta - Herring
  • Vestlandslefsa - Lefse
  • Vitana - Bouilion powder, condiments (Czech Republic)
  • Vossafår - Cold cuts
  • Önos - Fruit preserves, squash

Orkla Confectionery & Snacks

  • Ādažu čipsi - Potato chips (Latvia)
  • Ballerina - Cookies
  • Bamsemums - Chocolate
  • Bergene Melk - Chocolate
  • Bixit - Cookies
  • Bocca - Chocolate
  • 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 (by Nidar, Norway)
  • New Energy - Chocolate
  • Nidar - Chocolates, bulk candy (Norway)
  • OLW - 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 box (by Nidar)
  • 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 (Latvia)

Orkla Care

Lilleborg

  • 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

  • Collett - Vitamin supplements
  • CuraMed - Throat lozenges
  • Gerimax - Ginseng products
  • Gevita - Vitamin supplements, mineral supplements, herbal remedies
  • Litozin - Rosehip powder
  • Maxim - Sports nutrition
  • Möller's 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

  • La Mote - Clothes
  • Pierre Robert - Clothes

Orkla Food Ingredients

  • AMA - Margerine
  • 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
  • PureOil - Cooking oil
  • Sonneveld - Professional baking products

Other investments

References

  1. ^ Orkla. "Orkla's Annual Report 2019". annualreport2019.orkla.com. Retrieved 2020-12-04.
  2. ^ Orkla. "Orkla's Annual Report 2019". annualreport2019.orkla.com. Retrieved 2020-12-04.
  3. ^ Orkla. "Orkla's Annual Report 2019". annualreport2019.orkla.com. Retrieved 2020-12-04.
  4. ^ Robert G. Picard, ed. (2002). Media Firms: Structures, Operations, and Performance. Mahwah, NJ: Lawrence Erlbaum Associates. p. 127. Retrieved 6 January 2015. – via Questia (subscription required)
  5. ^ Eva Harrie (2009). "The Nordic Media Market" (PDF). Göteborg: Nordicom, University of Gothenburg. Retrieved 10 December 2014.
  6. ^ About us: History borregaard.no. Retrieved 11 November 2012.
  7. ^ Orkla Brands
  8. ^ "Orkla to buy pizza restaurant chain Kotipizza". www.just-food.com. 2018-11-22. Retrieved 2019-02-19.
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