Orkla Foods acquires TC Brød

Case News
Orkla Foods has signed an agreement to acquire 100% of the shares in the Danish bakery company TC Brød ApS. The acquisition strengthens Orkla Foods' bakery platform in Denmark and is carried out by Orkla Denmark, part of Orkla Foods. Plesner has advised Orkla Foods on the transaction.

TC Brød is a family-owned Danish bakery company with production in Krogager. Over more than 35 years, the company has built a strong position within laminated dough and seasonal bake-off products.  In 2025, TC Brød generated revenues of approximately DKK 116 million. The company employs around 30 people and serves leading retail and foodservice customers in Denmark.

Orkla Foods is a European food company built around strong, locally rooted brands across the Nordics, the Baltics and Central Europe. 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. Orkla Foods is owned by Orkla ASA, listed on the Oslo Stock Exchange.

With the acquisition of TC Brød, Orkla Foods builds upon its existing bakery position in Denmark. 

The transaction is subject to approval by the Danish competition authorities. 

Plesner's core M&A team on the transaction was Henrik Rossing Lønberg, Christian Cold and Gustav Agerley Sjalin.

Read Orkla Foods' press release