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MTR Foods parent company Orkla Group announces foray into confectionery space

Indiaretailing Bureau -
Orkla Group, the Norwegian branded consumer goods and parent company of MTR Foods has announced its foray into the Indian confectionery space with the 'Laban'. According to a PTI report: The launch of Norway's popular confectionery brand 'Laban' in India,...
Retail

Lock-out lifted by MTR Foods

Indiaretailing Bureau -
After the 11 day stale-mate the management of MTR Foods, has lifted the lock-out at the Bommasandra factory. The workers returned to work unconditionally and also signed a letter of good conduct. The unrest started after MTR Foods was taken...
Retail

Norwegian firm Orkla acquires India’s MTR Foods

Indiaretailing Bureau -
Norwegian food-to-metals group Orkla has bought India’s MTR Foods, but it did not disclose the acquisition price. It is reported, however, that the transaction is worth about Rs 350 crore. “As a result of this acquisition, we will be able...
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