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Announced

Orkla to acquire NutraQ from Impilo for $364m.

Synopsis

Orkla, a branded consumer goods supplier, agreed to acquire NutraQ, a supplier of subscription-based health and beauty products in the Nordic region, from Impilo, an investment company focused solely on investments in Nordic companies, for $364m. "With the acquisition of NutraQ, Orkla is taking a new, important step into a growing health and wellness market. I am impressed by how NutraQ has adopted subscription solutions to reach consumers directly in their own homes. NutraQ’s concepts and brands will offer Orkla exciting growth opportunities," Jaan Ivar Semlitsch, Orkla President and CEO.

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