Orkla acquires leading Norwegian ingredients supplier
Through its wholly-owned subsidiary Idun Industri AS, Orkla Food Ingredients has signed an agreement to purchase 100% of the shares in Arne B. Corneliussen AS ("Arne B. Corneliussen"), a leading manufacturer and supplier to the Norwegian food industry. The company's product portfolio consists of spices, marinades, flavourings, starter cultures and other functional ingredients, in addition to packaging solutions. Its customer market is Norwegian food manufacturers with the Norwegian meat industry as main segment. Orkla Food Ingredients is the leading bakery ingredients player in the