Orkla expands in Denmark
Orkla Food Ingredients, through its partially owned subsidiary Dragsbæk A/S, has signed and carried out an agreement to purchase 80% of the shares of SR Food A/S ("SR Food"), the Danish sales and distribution company. With its purchase of SR Food, Orkla Food Ingredients seeks to further develop its position as a supplier of organic and vegetarian foods. SR Food has a broad product range which includes fresh doughs, tapas and sliced meats for the Nordic market. The share of organic and vegetarian products in its portfolio is on the rise. SR Food and Orkla Food Ingredients complement each