Orkla’s elements enterprise unit has agreed to purchase Senna, the Austrian producer of margarine, sauces and dressings, from Vivatis Holding.
Monetary phrases of the transaction weren’t revealed.
In an announcement yesterday (17 February), Orkla Meals Components (OFI) stated the acquisition “strengthens” its place in central and south-eastern Europe.
Manuela Banu, the CEO of OFI within the area, stated: “Austria and Italy characterize new markets for OFI, the place we purpose to develop profitably by introducing a broader set of classes and by driving operational effectivity.”
In keeping with its web site, Senna operates in over 20 nations and runs Austria’s solely margarine manufacturing facility at its headquarters in Vienna.
Established in 1927, the corporate provides prospects within the foodservice, artisan bakery and industrial markets and employs 120 folks.
The enterprise reported gross sales of round €80m ($92.6m) in 2025.
In a separate assertion, Vivatis stated it’s divesting Senna following a “complete strategic course of”.
It added: “The purpose was to make sure the long-term energy, competitiveness, and sustainable success of the corporate.
“Numerous strategic choices have been examined to ensure the sustainable improvement, long-term viability, and relevance of the model in Austria and established export markets.”
Senna will proceed to function from its headquarters in Austria.
In keeping with Vivatis, OFI’s business data and European footprint will drive the event and the worldwide growth of the Senna model.
Gerald Hackl, the CEO of Vivatis, stated: “With the sale of Senna to Orkla Meals Components, we’re creating long-term prospects for Senna and concurrently strengthening its market presence by way of new synergies. We’re satisfied that Orkla Meals Components supplies the appropriate basis for the profitable additional improvement of the model.”
The deal is anticipated to shut within the first half of 2026, contingent on regulatory approval.
Christof Kessler, the CEO of Senna, added: “Beneath Vivatis, we strengthened our experience and created a strong basis for additional development. We’re delighted to develop into a part of Orkla Meals Components, whose enterprise mannequin and in-depth business data provide a wonderful platform for Senna’s subsequent part of improvement.”
In October 2023, Norwegian mother or father Orkla offered a 40% stake in OFI to private-equity agency Rhône, valuing the elements unit at Nkr15.5bn (then $1.4bn).
OFI, established by Orkla in 1999, provides a variety of shoppers within the bakery, ice cream, and plant-based product sectors.
“Orkla buys Austrian maker of margerines, sauces Senna” was initially created and printed by Simply Meals, a GlobalData owned model.