Orkla Snacks acquires The European Candy Group B.V
The EUR 207 million deal adds production capacity for BUBS expansion in Europe.
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Leading industrial investment company for consumer brands
orkla.comLast updated
In short: Orkla completed a NOK 4.0 billion share buy-back, mourning the death of long-time Board Chair Stein Erik Hagen while pursuing growth.
The EUR 207 million deal adds production capacity for BUBS expansion in Europe.
Purchased 37.5 million shares at NOK 106.54 per share, totaling NOK 4.0 billion. Shares will be redeemed.
He succeeds Liselott Kilaas; Jan Ole Stangeland also elected as board member.
All proposals were adopted at the digital meeting on 10 July 2026 and minutes are available.
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Orkla Snacks buys a Dutch large producer of vegan candy, the company reports. The price is estimated at 2.3 billion kroner.
Orkla Snacks acquires The European Candy Group (CCI) at an enterprise value of EUR 207 million on a cash-free and debt-free basis, according to a press release.
Earnings call Orkla delivered 4.9% organic growth in Q1, with all portfolio companies contributing and strong performance in Food Ingredients, Snacks, and Foods. Underlying EBIT...
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