Orkla announces the sale of Lilleborg
Orkla has entered into and completed an agreement to sell 100% of the shares in Lilleborg AS to Solenis, effective as of 12 June 2024. The transaction values Lilleborg at NOK 600 million on a cash and debt free basis.Lilleborg supplies professional cleaning solutions and is the market leader in the Norwegian B2B market. Lilleborg has since 2004 been the exclusive distributor for Diversey, a Solenis Company, in the Norwegian market, and offers, in addition, a wide portfolio of products and services. The company has more than 120 employees. Solenis is a leading global producer of