Danisco sells crispy onions to Norway

Leading Norwegian food company the Rieber & Søn Group has entered into an agreement with Danish ingredients company Danisco to take over the Danisco's crispy onions activities in Holland, with a sales office in Germany. Both parties have agreed not to make the purchase price public and have expressed satisfaction with this agreement. Rieber & Søn Group is publicly listed on the Norwegian stock exchange and has already production and sales activities with crispy onions. The Danisco business has a leading position in the European crispy onion market, with a turnover in the order of MNOK 110 million. In addition, the German company has trading sales of around MNOK 50 million. Danisco reported that the sale is a natural consequence of the company's strategic focus on development, production and sales of food ingredients. The Danish company added in a statement that its strategy to refocus, which is proceeding according to plan, was launched in 1999 and is now virtually complete.

Danisco sells crispy onions to Norway

Leading Norwegian food company the Rieber & Søn Group has entered into an agreement with Danish ingredients company Danisco to take over the Danisco's crispy onions activities in Holland, with a sales office in Germany.

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