Orkla sells Glyngøre brand to Amanda Seafoods A/S
Orkla Foods Danmark has signed and completed an agreement with Amanda Seafoods A/S on the sale of the Glyngøre brand. The purpose of the divestment is to reduce portfolio complexity and concentrate on prioritised categories. Glyngøre is Denmark's best known herring and tuna brand, and its product portfolio consists of processed seafood for the Danish grocery and food service sector. The brand was established in 1940, and had net sales totalling DKK 43 million (ca. NOK 56 million) in 2018. Amanda Seafoods was founded in 1916 and is now part of the Nordic seafood group Insula. "We