Dragsbæk, a subsidiary of Orkla Food Ingredients, has agreed to acquire Vortella GmbH, marking its first production facility in Germany and enhancing its operational footprint and market presence in the European food ingredients sector.

Information on the target

Dragsbæk, a subsidiary of Orkla Food Ingredients, has entered into an agreement to acquire Vortella GmbH. This strategic transaction marks Dragsbæk's first production facility in Germany, establishing a crucial platform for butter and specialty fats in proximity to key industrial customers across Western and Central Europe. Vortella GmbH, with over 120 years of experience in specialty fats and margarines, employs 107 individuals at its factory located in Preußisch Oldendorf.

The company boasts a robust customer base within Germany and select export markets, generating annual revenues of approximately EUR 50 million. This acquisition not only enhances Dragsbæk's operational footprint but also strengthens its market presence in a competitive landscape.

Industry overview in the target’s specific country

The food ingredients industry in Germany is one of the largest and most dynamic sectors in Europe, characterized by a diverse range of products and a strong emphasis on quality and innovation. With a growing demand for specialty fats and margarine, driven