OC&C provides sell-side support to Orkla on partnership with Rhône Group

After providing strategic advice and vendor due diligence to Orkla ASA and their subsidiary, Orkla Food Ingredients AS (OFI), we’re delighted to congratulate them on the announcement of their partnership with Rhône.

The deal will see funds affiliated with Rhône, the transatlantic private equity firm, acquire a 40% stake in OFI. The transaction implies an enterprise value of NOK 15.5 billion.

Established in 1999, OFI is a leading provider of food ingredients solutions. OFI manufactures and distributes ingredients across a range of category and customer segments, including bakery and ice cream ingredients for small and large businesses as well as plant-based dairy alternatives for consumers. With heritage in the Nordics, they now play across much of Europe, with recent expansion into the United States.

As Orkla and Rhône join forces, we wish them both every success with their future growth plans.

OC&C and Private Equity

We’re a leading global strategy consultancy, with deep expertise in the FMCG, Food & Beverage and Agri-Ingredients space, working with both major global corporations and local champions. In recent years, we have advised investors across the Nordics and globally on some of the largest transactions.

Encompassing sell-side and buy-side roles, we have commercially advised on more than 500 successful transactions in the last 5 years.

How we can help:

• We provide commercial due diligence and vendor due diligence for transactions and refinancing.
• We assist investors with accelerating or improving their portfolio companies’ performance.
• We help investors identify potential investment themes or assets to target.

For more detail on our experience in this space, please get in touch.