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ITC looking to spice up South India with a $1.4bn MTR deal: ReportIndian conglomerate ITC Ltd. is in early talks to acquire MTR Foods and Eastern Condiments from Orkla ASA for $1.4 billion. The acquisition...- MTR Foods owner Orkla India explores IPO, eyes 2025 decision"We initiated a process to consider structural opportunities for Orkla India, including conducting an IPO readiness study. The results of t...
- Indian food market's competitive intensity higher: MTR ownerOrkla, a Norwegian investment firm, noted similarities in India's food preferences with some European countries but highlighted the market'...
- Inflation could affect festive sales of some FMCG items: CEO of MTR Foods owner Orkla IndiaFMCG companies are banking on the October-December quarter for recovery in demand, after a muted September, which saw low to mid-single dig...
- MTR owner Orkla restructures India biz into 3 unitsNorwegian group Orkla ASA is restructuring its Indian operations into three units - MTR, Eastern, and International Business. The move aims...
- MTR Foods’ Norwegian parent Orkla Group to invest more in IndiaThese funds will help the company to further strengthen its presence in the country and expand beyond traditional food categories.
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