Orkla Foods Invests in Go Tan Group

Orkla Foods has signed an agreement to acquire a 40 percent ownership stake in Go Tan, a leading European brand within Asian sauces. The transaction supports Orkla Foods' growth strategy and strengthens its positioning in sauces, one of the company's growth platforms.

Go Tan is a well established, family owned Dutch business, founded by a Chinese-Indonesian family 72 years ago. It is an Asian brand with strong brand recognition and leading positions in several European markets. The company operates within the fast growing Asian sauces segment, which benefits from favourable long term consumer trends linked to flavour, convenience, and everyday cooking occasions. Go Tan has a particularly strong presence in markets such as the Netherlands, Finland and Norway, while Spain, France, and Italy represent the company's fastest growing markets.

Expanding in Asian Sauces Within One of Orkla Foods' Growth Platforms At the 2025 Orkla Capital Markets Update, Orkla Foods CEO Aku Vikström announced the company's ambition to grow through targeted investments in three growth platforms: frozen meals, sauces, and dilutables, and ten local diamonds. Asian sauces is a category with attractive long term growth opportunities, and the partnership with the Go Tan family combines entrepreneurial capabilities with Orkla Foods' experience in scaling strong consumer brands across markets.

"Go Tan is a strong brand with a clear consumer position and a proven ability to grow across European markets. This partnership is well aligned with our strategy of investing in and building growth platforms with long term value creation potential. Sauces are a core category for Orkla Foods, and Asian sauces represent an attractive growth segment within this category," says Aku Vikström, CEO of Orkla Foods.

Go Tan employs approximately 250 people and operates four production facilities, three in the Netherlands and one in Hungary. The company has delivered solid growth in recent years, with sales exceeding EUR 92 million in 2025 and an EBITDA of more than EUR 11 million.

Long-Term Partnership Orkla Foods acquires its stake from the founding family, who will remain majority owners and continue to play an active role in the company. The transaction is structured as a long-term partnership and a shared ambition to build the Go-Tan brand further.

Orkla Foods also has a call option to acquire an additional 45% shareholding in Go-Tan in 2030. Following the exercise of the option, Orkla Foods would hold 85% of the shares, while the founding family would retain a 15% ownership stake. The founding family intends to remain actively involved in the business and, following any future increase in ownership by Orkla Foods, is expected to remain a significant long-term shareholder.

"We are truly excited to welcome Orkla as our new partner. Originating from a family business, they understand, appreciate, and respect our DNA at Go-Tan. We admire Orkla's dedication to quality and innovation, and their expertise in building brands in territories that are new to Go-Tan. This will be invaluable as we work to further expand Go-Tan as a strong international brand. Our teams will soon begin collaborating on joint projects, and we are eagerly looking forward to this journey together, says Swan Bing Go, CEO, Go-Tan b.v.

The transaction is subject to customary regulatory approvals and is expected to be completed in the second half of 2026. The parties have agreed to keep the purchase price confidential.

About Orkla Foods Orkla Foods is a European food company, built around strong, locally rooted brands across the Nordics, the Baltics and Central Europe. Guided by its purpose, Everyday life made better, Orkla Foods develops, produces and markets food that people rely on in their everyday lives and shared moments.

Orkla Foods operates across more than ten markets and 32 factories, has around 5,300 employees and generates more than NOK 20 billion in annual revenues. The company holds market leading positions in attractive everyday food categories, including sauces and dressings, frozen meals, pizza, soups and seasoning. Around 80 percent of its sales come from number one and number two brands in their categories.

Orkla Foods is owned by Orkla ASA, an industrial investment company listed on the Oslo Stock Exchange with a long term ownership perspective.

Contacts SVP Investor Relations & Communication Annie Bersagel Mobile: +47 986 03 664 Email: annie.bersagel@orkla.no