Orkla Foods Invests in Go Tan Group

12 Jun 2026 15:30 CEST

Orkla Foods has signed an agreement to acquire a 40 percent ownership stake in
Go Tan, a leading European brand within Asian sauces. The transaction supports
Orkla Foods' growth strategy and strengthens its positioning in sauces, one of
the company's growth platforms.

Go Tan is a well established, family owned Dutch business, founded by a
Chinese-Indonesian family 72 years ago. It is an Asian brand with strong brand
recognition and leading positions in several European markets. The company
operates within the fast growing Asian sauces segment, which benefits from
favourable long term consumer trends linked to flavour, convenience, and
everyday cooking occasions. Go Tan has a particularly strong presence in
markets such as the Netherlands, Finland and Norway, while Spain, France, and
Italy represent the company's fastest growing markets.

Expanding in Asian Sauces Within One of Orkla Foods' Growth Platforms
At the 2025 Orkla Capital Markets Update, Orkla Foods CEO Aku Vikström
announced the company's ambition to grow through targeted investments in three
growth platforms: frozen meals, sauces, and dilutables, and ten local
diamonds. Asian sauces is a category with attractive long term growth
opportunities, and the partnership with the Go Tan family combines
entrepreneurial capabilities with Orkla Foods' experience in scaling strong
consumer brands across markets.

"Go Tan is a strong brand with a clear consumer position and a proven ability
to grow across European markets. This partnership is well aligned with our
strategy of investing in and building growth platforms with long term value
creation potential. Sauces are a core category for Orkla Foods, and Asian
sauces represent an attractive growth segment within this category," says Aku
Vikström, CEO of Orkla Foods.

Go Tan employs approximately 250 people and operates four production
facilities, three in the Netherlands and one in Hungary. The company has
delivered solid growth in recent years, with sales exceeding EUR 92 million in
2025 and an EBITDA of more than EUR 11 million.

Long-Term Partnership
Orkla Foods acquires its stake from the founding family, who will remain
majority owners and continue to play an active role in the company. The
transaction is structured as a long-term partnership and a shared ambition to
build the Go-Tan brand further.

Orkla Foods also has a call option to acquire an additional 45% shareholding
in Go-Tan in 2030. Following the exercise of the option, Orkla Foods would
hold 85% of the shares, while the founding family would retain a 15% ownership
stake. The founding family intends to remain actively involved in the business
and, following any future increase in ownership by Orkla Foods, is expected to
remain a significant long-term shareholder.

"We are truly excited to welcome Orkla as our new partner. Originating from a
family business, they understand, appreciate, and respect our DNA at Go-Tan.
We admire Orkla's dedication to quality and innovation, and their expertise in
building brands in territories that are new to Go-Tan. This will be invaluable
as we work to further expand Go-Tan as a strong international brand. Our teams
will soon begin collaborating on joint projects, and we are eagerly looking
forward to this journey together, says Swan Bing Go, CEO, Go-Tan b.v.

The transaction is subject to customary regulatory approvals and is expected
to be completed in the second half of 2026. The parties have agreed to keep
the purchase price confidential.

About Orkla Foods
Orkla Foods is a European food company, built around strong, locally rooted
brands across the Nordics, the Baltics and Central Europe. Guided by its
purpose, Everyday life made better, Orkla Foods develops, produces and markets
food that people rely on in their everyday lives and shared moments.

Orkla Foods operates across more than ten markets and 32 factories, has around
5,300 employees and generates more than NOK 20 billion in annual revenues. The
company holds market leading positions in attractive everyday food categories,
including sauces and dressings, frozen meals, pizza, soups and seasoning.
Around 80 percent of its sales come from number one and number two brands in
their categories.

Orkla Foods is owned by Orkla ASA, an industrial investment company listed on
the Oslo Stock Exchange with a long term ownership perspective.

Contacts
SVP Investor Relations & Communication
Annie Bersagel
Mobile: +47 986 03 664
Email: annie.bersagel@orkla.no

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