- CEO
- Nils Kloumann Selte
- Full Time Employees
- 18,616
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Pb. 423 Skøyen Oslo PS Norway 0213
- IPO Date
- Apr 12, 1905
- Business
- Orkla ASA operates as a prominent industrial investment entity, strategically focusing on branded consumer goods alongside other industrial and financial ventures. The company offers an extensive portfolio of well-known products, including various frozen meals, a wide array of condiments, culinary bases, spreads for bread, and convenient ready-to-eat options, primarily distributed through grocery retail channels, as well as food service, convenience stores, and petrol stations. It also provides an assortment of confectionery, biscuits, and snack items. Furthermore, Orkla supplies personal hygiene and cleaning solutions, an array of dietary supplements, sports nutrition, and weight management products. Its offerings extend to wound care essentials, first aid equipment, painting tools, and professional cleaning supplies. The company enhances its market reach through e-commerce platforms such as Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnesstukku, catering to health and sports nutrition interests. In addition, Orkla is a key supplier of food ingredients, providing margarine and butter blends, baking enhancers, yeast, marzipan, and components for ice cream production. It is also involved in generating and distributing hydropower to the Nordic power grid and in the development and sale of real estate properties. Orkla manages a diverse collection of brands: • Its food brands feature names like Grandiosa, TORO, Stabburet, Felix, Paulúns, Fun Light, Abba, Kalles, Beauvais, Den Gamle Fabrik, Spilva, Vitana, MTR, and Eastern. • Confectionery and snacks are marketed under brands such as KiMs, Nidar, Stratos, Göteborgs Kex, Sætre, OLW, Panda, Laima, Selga, Taffel, Adazu, Kalev, and Nói Síríus. • Health and personal care products include Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, Salvequick, Jordan, Vitalab, OSL, Cederroth First Aid, Livol, CuraMed, OMO, Solidox, Dr Greve, and Lano. • Food ingredients are offered under brands such as Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI'. As an industrial investment company, Orkla strategically invests in and develops consumer-oriented businesses, actively managing a portfolio that has recently seen a reduction from twelve to ten companies, with a target of seven to nine by the end of 2026. The company completed the Initial Public Offering for Orkla India Limited and reported strong growth in its third quarter of 2025, with revenues surpassing analyst forecasts. Orkla also initiated a NOK 4 billion share buyback program in November 2025 and is on track to achieve its financial targets, including a 12-14% annual Total Shareholder Return for the 2024-2026 period. Orkla's operational footprint spans Norway, Sweden, Denmark, Finland, Iceland, the Baltics, Central Europe, and other international markets across Europe, Asia, and the US. The company maintains its principal office in Oslo, Norway.