County is a family-owned company established in 1983 with 95 employees with head office and production facilities located St. Ives in Cornwall, UK.
According to Orkla, County has a growing customer base including retailers, wholesalers and foodservice, and it is a long-standing supplier to Orkla Food Ingredients in the UK.
Orkla, on the other hand, said it holds a strong position as a bakery ingredients supplier in the Nordic region and selected countries in Europe and has built up a robust business within the ice cream ingredients and accessories segment in the UK.
“County has a long history of manufacturing high quality fudge and chocolate products. Orkla and County are a good strategic fit, and the acquisition complements Orkla’s position as a supplier of ingredients and accessories to the UK bakery, chocolate and ice cream market,” says Tor Osmundsen, CEO of NIC Group.
He noted County had a turnover of £8.6m ($115m) for the financial year that ended in May 2018. The company will be consolidated into Orkla’s financial statements as of October 1, 2018.
