“This acquisition is strategically important for expanding Pierre Robert’s presence in the Nordic region. Norlyn, Amar, Black Horse and Finnwear are well-established brands in the Finnish market, with high recognition and strong loyalty among Finnish consumers. We see a significant potential for further strengthening the brands’ position and continuing to develop the textile category in close cooperation with the customers in Finland”, says Hege Holter Brekke, CEO of Pierre Robert Group.

Orkla is a leading supplier of branded consumer goods and concept solutions to the grocery, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India. Orkla is listed on the Oslo Stock Exchange and its head office is in Oslo. In 2015, the Group had a turnover of approximately NOK 33 billion and had 14 670 employees at year end.

Nanso Group is a branded goods supplier of underwear, hosiery, nightwear and clothing, with headquarters in Nokia, Finland. The company is owned by the descendants of the company’s founders. The brands covered by the agreement generated a turnover of EUR 17.2 million in 2015.

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