Easyfood is the largest manufacturer of bread-based convenience products in Denmark, offering a product range comprising both sweet and savory products. The company was founded in 2000 in Kolding, Denmark, where production is still taking place. Easyfood’s products are sold in 13 countries to customers such as Starbucks, McDonald’s, CircleK, 7-eleven, Salling Group and COOP. As of October 2018, the company’s LTM- revenue was DKK 316 million with an adjusted EBITDA of approx. DKK 34 million. Easyfood is the largest manufacturer of bread-based convenience products in Denmark, offering a product range comprising both sweet and savory products. The company was founded in 2000 in Kolding, Denmark, where production is still taking place. Easyfood’s products are sold in 13 countries to customers such as Starbucks, McDonald’s, CircleK, 7-eleven, Salling Group and COOP. As of October 2018, the company’s LTM- revenue was DKK 316 million with an adjusted EBITDA of approx. DKK 34 million. Orkla is a leading supplier of strong brands within a broad range of consumer goods in the Nordics, Baltics, Central Europe and India. Easyfood will continue as an independent company under Orkla Foods Danmark, which focuses on production and marketing of food under brands such as Beauvais, Den Gamle Fabrik and Bähncke. Orkla is listed on the Oslo Stock Exchange and had a turnover of NOK 40 billion in 2017. Through the acquisition, Orkla will strengthen its position within convenience products as well as in the “out-of-home” sales channel.
ATRIUM acted as exclusive financial advisor to the owners of Easyfood A/S in the sale to Orkla Foods Danmark A/S.