As a result of acquisitions, Orkla has grown strongly in the past few years and has significantly changed the composition of its business portfolio. This development is in many ways in line with Orkla’s historical development and does not entail any fundamental change in the Group’s strategic focus.
In the early 1980s, towards the end of 333 years of continuous mining operations, Orkla began its transition from mining to industrial activities. Its current structure and main strategic direction were determined by the merger with Borregaard in 1986.
Since then, Orkla has had a dual structure, divided between the Industry division, which covers Orkla Brands, Orkla Aluminium Solutions, Orkla Materials and Orkla Associates, and the Orkla Financial Investments division.
Within this framework, the Group has grown through a combination of organic development and improvement combined with major structural moves.