The Clearwater team has advised Hans Kaspar, a leading specialist in the manufacture of specialty ingredients for chocolate and ice cream producers on its sale to Orkla, a leading supplier of branded consumer goods.
Hans Kaspar is a leading specialist with headquarters and production facilities located outside Zurich, Switzerland. More than half of the company’s revenues are from international sales. The business will be integrated into the Orkla Food Ingredients business area and become part of OV Group (formerly Orchard Valley Foods), joining companies like Candeco, Confection by Design and Cake Décor.
Hans Kaspar was established in 1925. Senior executives will remain in the company after completion of the transaction and will jointly with Orkla Food Ingredients work to ensure the company’s growth and continued success as a Swiss quality ingredients producer.
Orkla is a leading supplier of branded consumer goods and concept solutions to the consumer, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India. Orkla is listed on the Oslo Stock Exchange and its headquarters is in Oslo.
