date:May 28, 2014
Norway-based consumer goods company Orkla has signed an agreement to divest Rieber Foods Polska (Delecta) to an investment fund managed by Innova Capital for about PLN100m ($29.34m).
In Poland, Delecta is one of the leading branded consumer goods company in the cake mixes and desserts categories. The company has been part of the Orkla International business area since April 2013 when Orkla completed the acquisition of Rieber Sn.
Delecta generated net sales totalling PLN149m ($46.2m) in 2013.