Stibbe assists Rhône with its partnership with Orkla
Stibbe assisted investment vehicles affiliated with Rhône Capital on a partnership with Orkla whereby Rhône acquired 40% of the shares in Orkla Food Ingredients (OFI). Closing of the transaction was announced on 17 April 2024.
Orkla and Rhône expect that the partnership will enable the OFI group to continue to grow. The partnership with Rhône aims to build upon and strengthen OFI’s existing businesses and create shareholder value through volume growth, margin improvements, capital efficiency and structural growth.
BACKGROUND INFORMATION
Orkla is a leading industrial investment company with a focus on brands and consumer-oriented companies. Its investment portfolio currently consists of 12 companies operating in sectors including paint, food products, chocolate, confectionery and snacks, health products and food ingredients. Orkla is listed on the Oslo Stock Exchange and is headquartered in Oslo, Norway.
