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Announced

Completed

Orkla Food Ingredients has signed and completed an agreement to acquire Confection by Design.

Synopsis

Orkla Food Ingredients, food producer, through its wholly-owned subsidiary NIC Enterprises, has signed and completed an agreement to acquire Confection by Design, British fudge and toffee manufacturer. Financial terms were not disclosed. “The purchase of Confection by Design is strategically right and will complement Orkla Food Ingredients’ position as a supplier of inclusions and accessories to the bakery, chocolate and ice cream market.” Tor Osmundsen, NIC Group CEO.

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