Transaction

Clearwater advises Seagood Oy Fort Deli and its owners on the sale to Norwegian Orkla ASA

Transaction

Seagood Oy Fort Deli sold to Norwegian Orkla ASA

Sell-side

Undisclosed

Role

Adviser to Seagood Oy Fort Deli and its owners on the sale to Norwegian Orkla ASA

Sector

Consumer
Food & Beverage

Region

Finland

We have advised Seagood Oy Fort Deli, a private food service company, on its sale to ORKLA, a Norwegian branded consumer goods company. Following the transaction, ORKLA will strengthen its position in Finland and continue its expansion in the Finnish food service and out-of-home markets. 

Fort Deli holds a strong position in the Finnish HoReCa market, which accounts for around 80 per cent of the company’s revenues. Fort Deli is well known in Finland for concepts such as Hank’s Sauces, Nonna’s Sauces and Texas Pete Hot Sauce, and is an established supplier of frozen products, sauces, and condiments in Finland.

Illustration for Seagood

Clearwater provided a very professional hands-on advise. Their work was crucial in closing the deal with a large corporate and guiding us through buyer’s demanding acquisition process. The transaction process was on the one hand a tough experience but on the other hand it was enjoyable to reach a transaction in great spirit with all parties and their advisors.

Henrik Poulsen, CEO, Seagood Oy Fort Deli

Advisers

Transactions