- CEO
- Nils K. Selte
- Full Time Employees
- 17,541
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- Pb. 423 Skøyen Oslo PS Norway 0213
- IPO Date
- Aug 3, 2012
- Business
- Orkla ASA is a leading Norwegian industrial investment company focused on brands and consumer-oriented businesses across food and ingredients, health and home & personal care, and paints & coatings; it operates ten portfolio companies including Orkla Foods (branded foods such as ready meals, confectionery, and snacks), Orkla Food Ingredients (bakery, ice cream, and savory ingredients), Orkla Confectionery & Snacks, Orkla Health (dietary supplements, wellness, oral care, and personal care products), The European Pizza Company (pizza franchises under brands like Kotipizza, New York Pizza, and DaGrasso), Orkla India (packaged foods, spices, and condiments), Orkla House Care (home care and cleaning solutions), Jotun (paints and coatings), Pierre Robert Group (clothing), and Health & Sports Nutrition Group (e-sports nutrition); these serve private consumers, professional markets, grocery, out-of-home, pharmacy, bakery, and specialized retail sectors. Founded in 1918 and headquartered in Oslo, Norway, Orkla generates approximately 60% of its revenue from Nordic markets while reaching over 100 countries globally, with additional presence in Europe, Asia, the US, India, Poland, the UK, and Central Europe; it emphasizes active ownership to drive organic growth, margin improvements, and long-term value creation. In recent developments, Orkla divested its hydro power portfolio (Sarpsfossen, Mossefossen, Saudafossen, and Trælandsfos) in 2025 for NOK 6.1 billion, sold Pierre Robert Group in 2025 for NOK 23 million, divested Lilleborg professional hygiene business in 2024 for NOK 600 million, and sold a 40% stake in Orkla Food Ingredients in 2024 for NOK 15.5 billion to investment funds affiliated with Rhône Group L.L.C., forming a strategic partnership to accelerate growth in bakery and ice cream ingredients; the company also initiated a NOK 4 billion share buyback program in November 2025, reduced its portfolio from 12 to 10 companies since 2023 targeting 7-9 by end-2026, and reported continued organic growth in Q3 2025.