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Study Questions Red Meat-Inflammation Link, Urges Research!

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Red Meat - Inflammation
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Inflammation is emerging as a significant risk factor for various chronic illnesses, such as cardiovascular disease (CVD), and the relationship between nutrition and inflammation is becoming a subject of growing scientific interest. For instance, there are often suggestions to limit the intake of red meat, partly driven by earlier research indicating a detrimental impact of red meat on inflammation. However, it’s worth noting that recent studies have not consistently confirmed this association.

“The role of diet, including red meat, on inflammation and disease risk has not been adequately studied, which can lead to public health recommendations that are not based on strong evidence,” said Dr. Alexis Wood, associate professor of pediatrics – nutrition at the USDA/ARS Children’s Nutrition Research Center at Baylor College of Medicine and Texas Children’s Hospital.

Red Meat and Inflammation:

“Our team sought to take a closer look by using metabolite data in the blood, which can provide a more direct link between diet and health.”

Red Meat
Red Meat (Representative Image)

Wood and her colleagues conducted an analysis of cross-sectional data derived from approximately 4,000 older individuals who participated in the Multi-Ethnic Study of Atherosclerosis (MESA). Their findings have recently been published in The American Journal of Clinical Nutrition.

Cross-sectional data serves as a valuable source of evidence for understanding the impact of nutrition on health because it involves information collected from individuals living their everyday lives without any attempts to modify their regular routines.

Consequently, the insights from such studies may be more readily applicable to real-life, non-research settings. Additionally, the research encompassed self-reported dietary intake and a wide array of biomarkers, including various dietary intake metabolites in the bloodstream. The analysis of plasma metabolites can help in detecting the effects of dietary intake as it undergoes metabolism, digestion, and absorption.

In their study, scientists discovered that after accounting for body mass index (BMI), the consumption of both unprocessed and processed red meat (such as beef, pork, or lamb) did not exhibit a direct connection with any indicators of inflammation.

This finding implies that it may be body weight, rather than red meat consumption, that serves as the primary factor influencing elevated systemic inflammation. Notably, the absence of a correlation between red meat consumption and C-reactive protein (CRP), a prominent marker for chronic disease-related inflammation, is particularly intriguing.

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“Our analysis adds to the growing body of evidence that indicates the importance of measuring plasma markers, such as metabolites, to track diet and disease risk associations, versus relying on self-reported dietary intake alone,” Wood said. “Our analysis does not support previous observational research associations linking red meat intake and inflammation.”

Evolving Science Sparks Debate:

Due to the limitations of observational studies in establishing cause-and-effect relationships, it is imperative to complement them with randomized controlled trials (RCTs). In RCTs, individuals are randomly assigned to either include or exclude a specific dietary element, providing a more conclusive perspective on whether red meat has an impact on inflammation. Several RCTs have provided evidence that lean, unprocessed beef can be included in heart-healthy dietary regimens without adverse effects.

“We have reached a stage where more studies are needed before we can make recommendations to limit red meat consumption for reducing inflammation if we want to base dietary recommendations on the most up-to-date evidence,” Wood said. “Red meat is popular, accessible and palatable – and its place in our diet has deep cultural roots. Given this, recommendations about reducing consumption should be supported by strong scientific evidence, which doesn’t yet exist.”

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Govt increases buffer onion sales as retail onions prices surge 57%

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Onions
Onions (Representative Image)

With the all-India average retail onions price surging by 57 percent to INR 47 per kilogram, the government has made the decision to increase the distribution of buffer onions in retail markets at a subsidized rate of INR 25 per kilogram. This move aims to alleviate the burden on consumers. According to data from the consumer affairs ministry, the nationwide average retail price of onions climbed from INR 30 per kilogram in the same period last year to INR 47 per kilogram on Friday.

In the capital city, the retail price of onions reached INR 40 per kilogram on Friday, marking a significant increase from INR 30 per kilogram in the same period last year, as indicated by the data.

Fluctuating Onions Sales and Prices:

“We have been offloading buffer onions since mid-August and we are stepping up the retail sale in order to check further rise in prices and provide relief to the consumers,” stated Consumer Affairs Secretary Rohit Kumar Singh.

As per the ministry’s report, buffer onions are being distributed in wholesale and retail markets across states where there has been a significant price surge. From mid-August, approximately 1.7 lakh tonnes of buffer onions have been distributed in 22 different locations within these states.

Buffer onions are being distributed in retail markets through two cooperative entities, namely NCCF and NAFED outlets and vehicles, at a reduced price of INR 25 per kilogram. This subsidized rate is also applicable in Delhi for buffer onion sales.

According to a senior official from the ministry, the delay in kharif onion sowing, caused by adverse weather conditions, has led to reduced cultivation and a delayed arrival of the crop.

The new kharif onion harvest should have commenced at this point, but it hasn’t. As the stored rabi onion stock depletes and the kharif onion arrival is delayed, the supply situation has become constrained. This has led to price hikes in both wholesale and retail markets, as explained by the official.

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He also noted that the government has increased the buffer onion stock for the current year by twofold, which is expected to enhance domestic availability and help stabilize prices in the near future.

For the fiscal year 2023-24, the consumer affairs ministry, in collaboration with NCCF and NAFED, has upheld a buffer onion stock of 5 lakh tonnes and intends to secure an additional 2 lakh tonnes of onions in the forthcoming days.

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New Delhi nightlife takes a hit as Alcohol licensing delays affect 500+ establishments

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non-alcoholic
non-alcoholic (Representative Image)

The National Restaurant Association of India (NRAI) estimates that over 500 bars, restaurants, and pubs in the national capital are currently unable to serve alcohol. This is due to the fact that their excise license applications are stuck in different stages of processing across various government departments.

It’s worth noting that the delay is primarily attributed to stages preceding the excise department’s involvement in the licensing process, rather than issues within the excise department itself.

Eateries are expressing concern over the lack of progress, but authorities insist that they adhere to established timelines for issuing permits.

Meanwhile, these establishments are facing the challenge of not being able to serve alcohol during the industry’s busiest quarter.

Delhi’s Eateries Face Alcohol License Delays, Resulting in Job Losses

This situation is resulting in job layoffs, financial losses, and a growing negative sentiment against the business expansion.

alcohol liquor
alcohol liquor (Representative Image)

Restaurateurs mentioned that the main obstacle was the mandatory eating house registration certificate issued by the licensing department of the Delhi Police.

“The delay is not because of the excise department,” said Priyank Sukhija, chief executive of First Fiddle Restaurants. “We are unable to get the eating house registration certificate issued by Delhi Police.” He said he has been waiting eight to 10 months to get eating house licences for two sites in the city.

First Fiddle manages well-known establishments under brands like Lord of the Drinks, Miso Sexy, Diablo, Tamasha, and The Flying Saucer Café.

To obtain an excise license, approvals from the police, fire services, the Delhi Pollution Control Committee (DPCC), the municipal corporation, and the New Delhi Municipal Council (NDMC) are all necessary.

Rajneesh Malik, a well-known restaurateur associated with Sidewok, is currently awaiting the eating house registration certificate for his Sangam Courtyard establishment in New Delhi. He mentioned that he has been unable to serve alcohol at this location since June.

“In 2021-22, the Delhi excise policy was altered. Under the new policy, an eating house registration certificate was not required for an excise licence. But now we have gone back to the old policy,” he said.

Read more news: Govt increases buffer onion sales as retail onions prices surge 57%

Rahul Singh, founder of The Beer Café, points out that the requirement is specific to New Delhi. “Delhi needs to relook at this provision, which will enable ease of doing business and reduce the burden on the police force as well,” he said. The chain operates out of 23 cities across India.

500+ Delhi Restaurants Grapple with Alcohol License Delays

Nonetheless, Joint Commissioner of Police for Licensing, Bhola Shankar Jaiswal, stated that there have been no delays on their part.

“Lieutenant Governor (Vinai Kumar Saxena) has made it clear that everything has to be done in 49 days. All the authorities have been given specific timelines and if the required documents and applications are in place, establishments can get the licences in even 30 days,” he said.

“We want people to get their licences as soon as possible. We are issuing the eating house registration certificates as soon as we get all the required documents,” he said.

Singh from The Beer Café highlighted that obtaining a police eating house registration for serving pizza requires providing 24 documents, whereas applying for a firearm license only necessitates eight documents.

As of the time of press, emails sent to NDMC, Municipal Corporation of Delhi, DPCC, and the Department of Delhi Fire Services have not received a response.

alcohol glass
alcohol glass (Representative Image)

Sandeep Anand Goyle, who leads the Delhi chapter of NRAI, emphasized that the association is actively working to address these delays and is in the process of arranging essential meetings. Goyle also holds the position of director at Essex Farms.

At the moment, though, it appears that these delays are negatively impacting the sentiment of restaurateurs.

Alcohol License Delays Impact Job Losses:

“We are opening more restaurants in Noida and Gurgaon, but not in Delhi,” said Sukhija of First Fiddle, calling for an end to the roadblocks.

“I spent a substantial amount towards rents and salaries for these restaurants, which are not getting the licences. I can’t run restaurants without a bar,” he said. “Eventually, I have had to let go of people.”

Malik from Sidewok mentioned that the eatery possesses an excise license, but the ability to place new orders for alcohol has been disabled.

“I have paid over INR 16 lakh of excise licence fee, but I am unable to serve alcohol. From a mathematical perspective, it’s a bigger revenue loss for the government in terms of repercussions on VAT and GST, the possibility of employment generation, and even considering the prospects of opening more outlets in the city,” he said.

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Introducing The Source Pinot Noir: Source Vineyards’ Bold Release

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The Source Pinot Noir
The Source Pinot Noir (Representative Image)

India’s premier wine producer, The Source Vineyards, has unveiled its latest addition to their collection – The Source Pinot Noir.

This elegant and sophisticated wine represents the epitome of Indian Pinot Noir, promising to enchant wine enthusiasts.

The Source Pinot Noir – Introduction!

Pinot Noir stands as one of the world’s most esteemed red grape varieties, yielding some of the most coveted and high-priced red wines. Remarkably, bottles from the finest Burgundy vineyards, the spiritual birthplace of Pinot Noir, can command prices soaring as high as 15,000 Euros per bottle.

“We are delighted to launch The Source Pinot Noir, whose delicate charms are sure to entice wine lovers. The Source Pinot Noir is the finest expression of Indian Pinot Noir and boasts all the classic hallmarks of this wonderful variety. Wines from Pinot Noir are soft and delicate as compared to Shiraz and Cabernet Sauvignon which are much more robust. Our Pinot Noir is best enjoyed lightly chilled making it the perfect red wine for the Indian climate,” said Karan Vasani, COO and Chief Winemaker at The Source Vineyards.

Crafted from meticulously chosen Pinot Noir grapes cultivated in the temperate vineyards of Nashik, this wine undergoes a five-month maturation process in French oak barrels, bestowing upon it a gentle, velvety texture and a sustained, enduring finish. Boasting a delicate ruby-red hue and exuding fragrances of red cherries and raspberries, The Source Pinot Noir stands as an elegant wine, making it the ultimate selection for aficionados of lighter red wine profiles.

Read more articles: New Delhi nightlife takes a hit as Alcohol licensing delays affect 500+ establishments

The Source Pinot Noir can currently be found at the Tasting Room in Nashik, as well as prominent retail outlets in Mumbai, Pune, and Thane, priced at INR 1250. The Source collection has solidified its status as a beloved choice among discerning wine enthusiasts nationwide, continually enhancing its robust lineup of wines.

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NOTO Redefines Indulgence with Low-Calorie Cheesecakes

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NOTO Cheescake
NOTO (Representative Image)

NOTO is launching a selection of timeless cheesecakes that offer a guilt-free indulgence, thanks to their nutritional value and low calorie content.

NOTO has built a reputation for creating guilt-free items, and their diverse product lineup, which includes gelato, ice cream, bite-sized treats, and popsicles, exemplifies their commitment to redefining the notion of guilt-free indulgence.

NOTO redefines guilt-free indulgence:

“With the release of these delicious treats, we are excited to continue our dedication to guilt-free indulgence without sacrificing flavour. We make these cheesecakes with healthy Greek Yogurt instead of heavy cream cheese, making them light and creamy,” said Ashni Shah, Co-Founder.

Try more News: Introducing The Source Pinot Noir: Source Vineyards’ Bold Release

“I Love New York” is a timeless cheesecake that bursts with flavors, all without any added sugar, making it a lighter and healthier choice. On the other hand, “Blueberry Bliss” offers a fruit-forward experience with its tangy topping, offering a delightful array of flavors.

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More Retail’s FY23 loss widens to INR 550 Crore as revenue falls by 7.4%

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More Retail
More Retail (Representative Image)

According to recent filings with the Registrar of Companies (RoC), Amazon-Samara Capital’s food and grocery retail chain, More Retail, witnessed an increase in losses, rising to INR 550 crore during the fiscal year 2022-23, up from INR 402 crore in the preceding fiscal year. Meanwhile, the company’s revenue saw a 7.4% decline, falling to INR 4,507 crore.

In its filings with the RoC, the company did not provide any explanation or rationale for the decrease in revenue and the incurring of losses.

As of the press time, the company had not responded to an email sent to them.

More Retail’s FY23 Loss Widens:

In the submitted filings, the company expressed its confidence in having established a “sustainable business poised for rapid scalability.”

“This was reflected in the fact that during the year under review your company opened 46 supermarkets and 5 hypermarkets,” it said. As of FY23, More operated 873 supermarkets and 42 hypermarkets across 11 states.

According to the filings, the primary sources of revenue include grocery food and staples, accounting for 53% of total sales, with grocery non-food following at 22%, and fresh products at 19%.

“More Retail’s revenue has witnessed a decline, while operational costs have surged, intensifying the company’s financial strain,” said Mohit Yadav, founder of business intelligence firm AltInfo.

“The major chunk of expenditure is allocated towards inventory, underscoring the imperative need for bolstered margins to ensure the company’s sustained growth,” he said.

The filings further reveal that More Retail engaged in related-party transactions with several Amazon entities in India during FY23. This encompassed dealings amounting to INR 44 crore with Amazon Retail India, which comprised the acquisition of fruits and vegetables valued at INR 2.3 crore.

Try more news: NOTO Redefines Indulgence with Low-Calorie Cheesecakes

The remaining sales primarily consist of B2B transactions. Additionally, there were transactions with Amazon Seller Services and Amazon Pay India, including commissions on orders placed, commissions on payments processed through Amazon Pay, and the recovery of promotional discounts.

In the filed documents, More Retail outlined its strategy for profitable growth, which hinges on the introduction of its own e-commerce platform for supermarkets and hypermarkets, ambitious expansion efforts in both existing and emerging markets, a sustainable operational framework backed by robust backend support, and stringent management of margin profits and overhead expenses.

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Unilever appoints Priya Nair as President of Unilever Leadership Executive team!

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Priya Nair Unilever
Priya Nair Unilever (Representative Image)

India-born Priya Nair has been appointed as the President of the Unilever Leadership Executive (ULE), a team of international C-level executives at the helm of the British multinational.

Nair becomes the third Indian executive to be part of the beauty and wellbeing company’s senior leadership. The other two are Nitin Paranjpe, who serves as Chief People and Transformation Officer, and Rohit Jawa, who took on the role of CEO and Managing Director of the Indian subsidiary Hindustan Unilever (HUL) in June.

Priya Nair appointed as President at Unilever!

Nair presently holds the position of Chief Marketing Officer at the company. She is set to become a part of the senior leadership team starting January 1, 2024.

As per reports, she was a contender to assume the role of CEO at HUL, succeeding Sanjiv Mehta. Within the ULE, she is slated to replace Fernando Fernandez, who is slated to assume the position of CFO at Unilever.

She is the second woman of Indian origin to join the ULE, following in the footsteps of Leena Nair. It’s worth noting that Leena Nair has since departed from Unilever to assume the role of Global CEO at Chanel.

Check more news: More Retail’s FY23 loss widens to INR 550 Crore as revenue falls by 7.4%

Among the recent additions to the company’s senior leadership team, Peter ter Kulve, presently serving as President of Home Care, will take on the role of President of Ice Cream. Eduardo Campanella has been appointed as the new President of Home Care. Additionally, Esi Eggleston Bracey, who currently holds the position of General Manager of Personal Care in North America and serves as the Head of Country for the US, has been named as the new Chief Growth and Marketing Officer.

After Nair’s selection for the ULE, Unilever’s CEO Hein Schumacher expressed in a statement that Priya, along with Esi and Edu, “represents part of an exceptional generation of Unilever leaders who combine world class marketing skills with frontline experience. I am delighted they will join the ULE.”

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Fatburger and Round Table Pizza: FAT Brands Launches Co-Branded Restaurant in Dallas

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FAT Brands
Fatburger (Representative Image)

FAT Brands, the company that oversees the Fatburger and Round Table Pizza brands, has announced the opening of its first co-branded restaurant in Dallas, Texas.

The recently opened co-branded Fatburger and Round Table Pizza restaurant is situated in the Lantana neighborhood, providing guests with a comprehensive casual dining experience that includes full-service and a full bar.

Covering an area of 3,500 square feet, this restaurant will be the pioneering establishment in Lantana, Texas, to serve both burgers and pizzas under a single roof.

FAT Brands launches Fatburger and Round Table Pizza Restaurant!

The company announced that SNM Management Group will be in charge of operating the initial among the four co-branded Fatburger and Round Table Pizza establishments, all of which are set to open in the wider Dallas region.

FAT Brands chief development officer Taylor Wiederhorn said, “We are beyond thrilled to introduce our first co-branded Fatburger and Round Table Pizza concept to Dallas.

“This new restaurant will allow guests to enjoy the best of both brands in one space, creating a seamless experience that caters to a range of tastes.

“With the success Fatburger has seen co-branding with Buffalo’s Cafe and Express, we’re eager to see this new venture with Round Table Pizza flourish.”

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Fatburger’s menu features a variety of offerings, including burgers, both Fat and Skinny Fries, sweet potato fries, scratch-made onion rings, Impossible Burgers, turkey burgers, chicken sandwiches, and hand-scooped milkshakes crafted with 100% real ice cream.

Round Table Pizza is renowned for its exclusive handcrafted pizzas, fresh salads, perfectly baked Garlic Parmesan Twists, classic and boneless wings, and a range of other delectable options.

In July last year, FAT Brands launched its first co-branded Fatburger and Buffalo’s Express restaurant in Wichita, Kansas, USA.

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Alshaya Group Aims for 3,000 Starbucks Stores in Middle East by 2028

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Starbucks
Starbucks (Representative Image)

Alshaya Group, a retail franchisee headquartered in Kuwait, has ambitious plans to increase the presence of Starbucks in the Middle East, with a target of reaching 3,000 stores by 2028, as reported by the World Coffee Portal.

In its role as Starbucks’ franchise partner for the Middle East and North Africa (MENA), Alshaya Group intends to launch 250 new Starbucks stores each year throughout the region.

Alshaya Group sets sights on expanding Starbucks:

At present, Alshaya manages an extensive network of approximately 2,000 stores spanning across Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Turkey, and the United Arab Emirates (UAE).

World Coffee Portal quoted Alshaya Group CEO John Hadden as saying, “Amidst vast opportunities, the Middle East stands out as a thriving retail hub.

“Accepting Starbucks’ award for ‘Most Admired Transformation in the Food Service Sector’ at the Middle East-focused retail event, Hadden said the coffee chain’s journey in the region continues to flourish.

“Notably, we’ve seen significant growth in female workforce participation in Saudi Arabia while the expanding presence of Starbucks amid healthy competition is driving our ambition further.

“Our plan is to open 250 more outlets annually, aiming for 3,000 outlets in the next five years from the current 2,000.”

Check more news: Fatburger and Round Table Pizza: FAT Brands Launches Co-Branded Restaurant in Dallas

Hadden officially announced the plan during the Middle East Retail Forum (MRF) 2023 held in Dubai.

In July this year, Starbucks marked a significant milestone by launching its 400th store in the Kingdom of Saudi Arabia.

The Alshaya Group celebrated this achievement by sharing it in a Facebook post. The recently unveiled store found its home in Jeddah Park, a prominent shopping and entertainment center in Jeddah.

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Rhône Acquires 40% Stake in Orkla’s Food Unit for $1.4B

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orkla
orkla (Representative Image)

A global private-equity firm has acquired a minority stake in Orkla’s food and ingredients unit, with the enterprise’s total value amounting to Nkr15.5 billion ($1.4 billion).

Rhône, the private equity firm with coffee giant Illy and business-to-business bakery Baker & Baker in its portfolio, will now hold a 40% ownership stake in Orkla Food Ingredients (OFI).

The company headquartered in Norway refuted claims that it had initiated a sales process for its ingredients division in the previous year.

Orkla – History:

Founded by Orkla in 1999, OFI has most recently disclosed Nkr18.1 billion in sales for the twelve months concluding on September 30, 2023, along with an adjusted EBIT of Nkr1.1 billion.

The food-ingredients division encompasses a wide spectrum of categories, including bakery, pastry, and ice-cream ingredients, as well as plant-based dairy alternatives for consumers. With a presence in 23 countries and a workforce of over 4,000 employees, it maintains a global reach.

orkla brands
orkla brands (Representative Image)

The business is structured into three clusters, with ingredients constituting 63% of OFI’s operating revenue, sweet ingredients contributing to 21%, and plant-based products accounting for approximately 17%.

They said in a statement, “By closing of the transaction, OFI will replace existing financing from Orkla with an Nkr6.4bn committed bank facility (not to be fully drawn at closing) with no recourse to Orkla ASA, containing net debt to EBITDA and interest cover covenants.”

The group added, “Inclusive of other adjustment items, the equity value of OFI on a 100% basis is circa Nkr6.5bn. Rhône will have the option, exercisable through 31 March 2027, to acquire an additional 9% of OFI equity at the same price per share as the transaction announced today.”

Orkla and Rhône will each appoint representatives to serve on OFI’s board of directors. The leadership of the board will be entrusted to Øyvind Torpp, the Executive Vice President, while Johan Clarin will remain in his role as CEO, overseeing the management of OFI.

Nils Selte, Orkla’s group president and CEO said, “The partnership search for OFI attracted strong interest. I am proud that we are joining forces with a best-in-class organisation in Rhône. The Rhône team’s partnership commitment and strategic attributes clearly stood out.

“This is a landmark deal for Orkla that puts OFI in a position to continue its organic and structural growth journey. This transaction is an example of the flexibility and value-creation ambition that we have sought to create with Orkla’s new operating model.”

Last year, Company restructured its operations by dividing them into 12 distinct units, creating opportunities for mergers and acquisitions as well as divestments within the Nordic food group.

“Rhône is pleased to partner with Orkla in this next phase of OFI’s growth. OFI is a market leader across many European countries and in North America, where its differentiated regional and local approach to its customer base is value enhancing,” Patrick Mundt, managing director at Rhône, said.

Check more exciting news: Alshaya Group Aims for 3,000 Starbucks Stores in Middle East by 2028

The transaction is expected to be completed by the end of the first quarter of 2024, subject to customary conditions to closing, including approvals from relevant authorities.

“This transaction is testament to the success, strength and resilience of OFI built over many years. I am very proud that a firm of Rhône’s calibre has decided to invest in OFI and partner with Orkla,” Clarin added.

Company also revealed its group third-quarter results today (26 October). Operating revenues increased by 14% to Nkr16.8bn, while adjusted EBIT rose 16% to Nkr1.8bn.

Conclusion:

Eight of the 12 portfolio companies reported underlying profit growth, including OFI.

However, OFI’s volumes declined by 1.1% in the third quarter, chiefly in the bakery and ice-cream segments. Generally, the unit’s growth was lower than in earlier quarters of this year.

Company also announced today that the CEO of Orkla Foods Europe Paul Jordahl will step down as of the beginning of November. Atle Vidar Nagel Johansen will take up the role temporarily.

Nagel Johansen has been a member of Orkla ASA’s management team since 2012 and is currently EVP and investment executive.

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