Orkla ASA: acquisition of New York Pizza now completed

Oslo / NO. (ok) In late June 2021 Norway’s Orkla ASA announced that the Group has entered into an agreement to purchase approximatly 75 percent of the shares in New York Pizza, one of the leading pizza chains in the Netherlands. Now the transaction has been approved by relevant competition authorities and was completed. New York Pizza will be consolidated into the financial statements as of 01 August 2021, Orkla ASA said in its announcement.

Orkla is a leading supplier of branded consumer goods and concept solutions to the consumer, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India. Orkla is listed on the Oslo Stock Exchange and its headquarters is in Oslo. The Group had a turnover of NOK 47.1 billion in 2020 and counts over 21,000 employees.

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