Orkla Food Ingredients has, through its wholly owned subsidiary Eisunion GmbH, signed and completed an agreement to purchase 100% of the shares in the German sales and distribution company Eis Ludwig Gräbner GmbH (“Eis Gräbner”).
With the acquisition of Eis Gräbner, Orkla Food Ingredients will strengthen its position as a supplier of ice cream ingredients and accessories.
Orkla Food Ingredients is one of Europe’s leading suppliers of ice cream ingredients and accessories, with a presence in the Nordic region, Germany, the Netherlands and the UK. With the acquisition of Eisunion GmbH in 2015, Orkla Food Ingredients established a strong market position in southern Germany. Eis Gräbner is based in northern Germany, and thus complements Eisunion’s geographical presence.
“The purchase of Eis Gräbner complements Orkla’s current position in the ice cream ingredients and accessories segment in Germany. The acquisition offers potential for expanding our product range, broadening our distribution and realising synergies with our present operations,” says Pål Eikeland, Orkla EVP and CEO of Orkla Food Ingredients.
Eis Gräbner is a privately owned company established in 1929 and has 18 employees. The company’s head office and warehouse are located in Hannover, Germany. In 2016, Eis Gräbner had a turnover of EUR 6.5 million (approx. NOK 61 million). Several cost measures have been identified and will be implemented over the next two years.
The company will be consolidated into Orkla’s financial statements as of 1 May 2017. The parties have agreed not to disclose the purchase price.
Source: Orkla
Currently chief executive of GreenV – an international group of companies active in the horticultural sector – van Karnebeek spent a large portion of his career at Heineken, working in commercial, marketing and general management positions. He served as chief commercial officer at the Dutch brewer from 2015 until 2021.
The facility combines the existing Kerry office in Barcelona with a new customer suite and application labs. It will enable the company to work more closely with its customers in Southern Europe to develop food and beverage solutions.
The sweet and culinary flavor creation labs are the latest addition to the company’s expansive campus that has been in operation since 1964, spanning more than 312,150 square feet in Brabrand, Denmark. The innovation hub is home to more than 400 employees engaged in research, application development, ingredient and flavor creation.