Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Norwegian food company Scandza acquires Bodylab
July 11, 2018

The Norwegian food company, Scandza, who owns brands like Bisca and Karen Volf, acquires Danish Bodylab for an undisclosed amount. Bodylab, who recently entered the Norwegian and Swedish market, had a turnover of DKK 140m in 2017 compared to DKK 88m the year before. Operating income in 2017 was almost DKK 9m, although expectations were DKK 15-20m. Scandza already owns a number of food brands, including Danish Bisca and Karen Volf, and had sales of DKK 3.2bn in 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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