Solina, a leading European producer of savoury ingredients solutions for the food industry, announces the completion of the acquisition of Den norske Kryddermølle AS from Mr. Steinar Styrvold.
Located in Larvik (Norway) the company runs a dry blending plant. Focussed on customer satisfaction, Den norske Kryddermølle AS is known in the Norwegian food sector as a real solution provider, able to deliver tailormade dry blends solutions for meat, ready meal, and snack industrials as well as for foodservice operators.
For Solina, this acquisition represents a further step in its expansion strategy following the respective acquisitions of the food coating expert Food compounds in The Netherlands in September 2021 and the North American spice expert Asenzya in November 2021.
Steinar Styrvold, former shareholder, and CEO of Den norske Kryddermølle stated:” We are convinced that our innovation and culture combined with Solina’s know-how, strong sales force and wide variety of food technology, will have a highly synergetic effect.”
Hans Christensen (Country manager Denmark & Norway) added: “Investing in this modest scale but high potential company for our business development is an important step for Solina in the Nordics and allows us to strengthen our physical presence with a production site in Norway”.
Adam Jones (Solina United Kingdom and Nordics Managing Director) commented: “With the acquisition of Den norske Kryddermølle, and the multiple synergies that will arise from this partnership, we further strengthen our business model by being closer to our customers and deliver improved local services. Furthermore, we continue our expansion strategy with the objective of becoming the leading provider of ingredient solutions in every European country.”
The parties have agreed not to disclose the transaction value.
Den norske Kryddermølle AS (DNK) is a company based in Larvik (Norway). The Norwegian company has since 1990 been a supplier of exclusive and distinctive spice blends to various players in the catering industry. With a high focus on food expertise and flexibility to handle multiple customer demands in an efficient and rational way. DNK offers tailormade food solutions to each individual customer, resulting in distinctive, exclusive powder blends that allow industrial companies to add a personal dimension to their end products. DNK counts two employees and has a production site of 1000m².
