Divestment of Rieber & Søn Holland BV to Top Taste Holding B.V. by Rieber & Søn ASA

Transaction
Top Taste Holding B.V. has acquired the shares in Rieber & Son Holland B.V. Rembrandt M&A acted as the exclusive financial advisor of the seller.

Parties
Rieber & Son Holland operates under the name Cronions. These cronions are crispy baked onions that are sold through various distribution channels. Rieber & Son Holland was a part of Rieber & Son, a publicly listed Norwegian food company. Currently the Norwegian branch of Rieber has become a part of Orkla.
For more information, see: www.orkla.com

TOP Taste is a producer of baked onions, and the youngest part of TOP Onions groep from ‘s Gravenpolder, the Netherlands. TOP Taste has all relevant certifications. Because of the good overlap between the buyer and the seller, both parties expect to realize substantial synergies.
For more information, see: www.top-taste.nl
Divestment  of Rieber & Søn Holland BV to Top Taste Holding B.V. by Rieber & Søn ASA
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