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BRIEF-Norway's Orkla sells Denmark's K-salat to Stryhns A/S
November 15, 2017 / 1:42 PM / 2 months ago

BRIEF-Norway's Orkla sells Denmark's K-salat to Stryhns A/S

Nov 15 (Reuters) - Orkla Asa said in a statement:

* Orkla sells K-Salat to Stryhns A/S

* Orkla Foods Denmark has entered into an agreement with Stryhns A/S on the sale of K-Salat

* The purpose of the sale is to concentrate activities on fewer categories

* K-Salat has a product portfolio of salad spreads, mayonnaise, remoulade, dressings and potato salads in Denmark

* Under the agreement, Stryhns A/S will take over the factory with around 100 employees in Havnsø, Vestsjælland

* The transaction is expected to be completed in early December 2017, and the entity will be consolidated into the buyer’s financial statements as from 1 December 2017

* The price of the transaction was not disclosed Further company coverage:

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