Post by Leaders of Trade
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Orkla Foods has agreed to sell 100% of its shares in Icelandic chocolatier Noi Sirius to fund manager Alfa Framtak. Despite the brand's strong 2025 performance, reporting a turnover of 427 million NOK, Orkla prioritises core brand growth and reducing structural complexity within its Nordic and Baltic operations. This divestment, expected to close in Q2 2026, directly executes the stricter portfolio prioritisation strategy established during the Group's 2023 Capital Markets Day. #leadersoftrade #MergersAndAcquisitions #StrategicDivestment #PortfolioManagement #RetailStrategy