About Orkla
Orkla is a company based in Oslo (Norway) founded in 1654. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 160 employees as of December 31, 2022. Orkla has completed 32 acquisitions, including Abcorneliussen, Agrimex and Bubs godis. Orkla offers products and services including Food and Ingredients, Health and Home Care, and Paints and Coatings. Orkla operates in a competitive market with competitors including Danone, Hain Celestial, RJ Corp, Pioneer Foods and Premier Foods, among others.
- Headquarter Oslo, Norway
- Employees 160 as on 31 Dec, 2022
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Orkla Asa
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Annual Revenue
$6.05 B (USD)15as on Dec 31, 2022
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Net Profit
$550.21 M (USD)8as on Dec 31, 2022
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EBITDA
$767.13 M (USD)15as on Dec 31, 2022
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Latest Funding Round
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Investors
European Union
& 1 more
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Employee Count
160
as on Dec 31, 2022
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Investments & Acquisitions
Abcorneliussen
& 31 more
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Products & Services of Orkla
Orkla offers a comprehensive portfolio of products and services, including Food and Ingredients, Health and Home Care, and Paints and Coatings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Food products and ingredients are produced for consumers.
Health and home care products are offered widely.
Paints and coatings are manufactured for various markets.
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Funding Insights of Orkla
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Jan 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Unspecified - Orkla | Valuation |
investors |
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| Jun, 2019 | Amount | Debt – Conventional - Orkla | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Orkla | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Orkla
Orkla has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and Rhone Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking firm offering private equity investments
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Orkla
Orkla has strategically engaged in corporate development activities, having acquired 32 companies. Notable acquisitions include Abcorneliussen, Agrimex and Bubs godis. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Distributor of fudge, toffee, and honeycomb products
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2010 | ||||
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Pizza is offered by a chain of limited-service restaurants.
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2008 | ||||
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Food ingredients processing company
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Orkla
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Orkla Comparisons
Competitors of Orkla
Orkla operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Danone, Hain Celestial, RJ Corp, Pioneer Foods and Premier Foods, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Health-focused dairy and plant-based food products are offered.
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| domain | founded_year | HQ Location |
Hain Celestial is focused on better-for-you food and personal care products.
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| domain | founded_year | HQ Location |
Food and beverage products are branded, with diverse sectors engaged.
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| domain | founded_year | HQ Location |
Multicategory food and beverage company
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| domain | founded_year | HQ Location |
Processed food products are produced and marketed by Premier Foods.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Orkla
Frequently Asked Questions about Orkla
When was Orkla founded?
Orkla was founded in 1654 and raised its 1st funding round 363 years after it was founded.
Where is Orkla located?
Orkla is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Orkla?
Jaan Ivar Semlitsch is the current CEO of Orkla.
How many employees does Orkla have?
As of Dec 31, 2022, the latest employee count at Orkla is 160.
What is the annual revenue of Orkla?
Annual revenue of Orkla is $6.05B as on Dec 31, 2022.
What does Orkla do?
Orkla ASA is established as a prominent industrial investment company with a focus on brands and consumer-oriented businesses. Investments are made in sectors such as food and ingredients, health and home care, and paints and coatings. The portfolio comprises ten market-leading companies serving both private and professional markets across Europe and beyond. Growth is accelerated through organic investments and mergers acquisitions, aiming to expand the international footprint. Sustainable value is created through active ownership, with an emphasis on building competitive advantages over the long term.
Who are the top competitors of Orkla?
Orkla's top competitors include RJ Corp, Danone and Hain Celestial.
What products or services does Orkla offer?
Orkla offers Food and Ingredients, Health and Home Care, and Paints and Coatings.
How many acquisitions has Orkla made?
Orkla has made 32 acquisitions, including Abcorneliussen, Agrimex, and Bubs godis.
Who are Orkla's investors?
Orkla has 2 investors. Key investors include European Union, and Rhone Group.
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