Orkla has agreed to acquire Hamé, a leading CEE food producer, for €175 million to enhance its market presence in Central Europe.

Target Company Overview

Hamé, a leading food producer in Central and Eastern Europe (CEE), specializes in branded ambient and chilled foods. With a robust portfolio of well-known brands including Hamé, Májka, OTMA, Znojmia, and Hamánek, the company offers a diverse range of products such as processed meat items, preserved vegetables, sweet spreads, ketchups, and baby food. Hamé holds dominant market positions in several countries, including the Czech Republic, Slovakia, Russia, Romania, Hungary, and Ukraine, while exporting to over 35 nations worldwide.

Industry Overview in Central and Eastern Europe

The food production industry within Central and Eastern Europe is marked by a growing demand for high-quality, branded grocery products. With rising disposable incomes and a shift towards convenience foods, consumers are increasingly favoring established brands that guarantee quality and reliability. This shift presents a significant opportunity for companies operating within this sector, including Hamé.

Recent trends indicate a strong potential for growth in the food sector across these regions, particularly as consumers are becoming more health-conscious and interested in diverse food options.