Krupskaya, a Russian confectionery company part of Orkla of Norway since 2006, has announced that it will acquire 100% of OOO Peterhof, a producer of chocolate spreads and cookies based in St. Petersburg. Peterhof employs 450 people. The parties have agreed not to reveal the financial details of the transaction.The deal is subject to approval by the Federal Antimonopoly Service. Orkla enjoys market leadership in chocolate paste spreads in Norway under our 'Nugatti' brand. Krupskaya General Di...
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