Orkla Acquires Significant Stake in Asian Sauce Manufacturer Go-Tan

Orkla Foods, a prominent Nordic entity, has recently finalized an agreement to acquire a 40% equity share in Go-Tan, a Netherlands-based enterprise renowned for its Asian sauce products. This strategic move is a testament to Orkla's commitment to bolstering its growth platforms, particularly within the dynamic sauces sector, aligning with the vision outlined by CEO Aku Vikström during the 2025 Orkla Capital Markets day.

The details of the financial arrangement for this transaction were not publicly disclosed. However, it was confirmed that the founding family of Go-Tan will retain a controlling interest in the company and will continue to play a pivotal role in its operations and future development. This partnership is characterized as a long-term collaboration, driven by a mutual aspiration to further develop and strengthen the Go-Tan brand within the global market. The acquisition is a clear indication of Orkla's focus on targeted investments in key growth areas such as frozen meals, sauces, and dilutables.

Go-Tan, with a legacy spanning 72 years, was established by a Chinese-Indonesian family. The company boasts a significant market presence in the Netherlands, Finland, and Norway, with Spain, France, and Italy identified as its fastest-growing markets. The company operates four production facilities, three situated in the Netherlands and one in Hungary, collectively employing approximately 250 individuals. In 2025, Go-Tan reported impressive sales exceeding €92 million and an EBITDA of over €11 million.

This investment follows another recent acquisition by an Orkla subsidiary in February, where its ingredients division agreed to purchase Senna, an Austrian manufacturer of margarine, sauces, and dressings from Vivatis Holding. Furthermore, Orkla's expansion efforts continued in May with the acquisition of Phoenix Brands, a UK-based biscuit supplier. The current deal with Go-Tan is subject to standard regulatory approvals and is anticipated to be finalized in the latter half of the year. Orkla also holds an option to increase its stake by an additional 45% in Go-Tan by 2030, which would bring its total ownership to 85%, with the founding family retaining the remaining 15%.

This strategic investment by Orkla in Go-Tan reinforces its commitment to expanding its portfolio within high-growth categories and solidifies its position in the European food market. The partnership is expected to create synergies that will enhance both companies' market reach and product innovation capabilities, leveraging Go-Tan's established brand and Orkla's strategic growth initiatives.