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NO 2/6 NARASINGAPURAM,

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Business Description

Orkla Foods strengthens its presence in India with the acquisition of Eastern Condiments 

4thSeptember, 2020 Bangalore Orkla has entered into an agreement to acquire 67.8 per cent of the shares in Eastern Condiments Private Limited (“Eastern”). With this move, Orkla will double its sales in India.

Orkla already holds a strong position in the Indian branded food market with the well-known MTR brand which has grown its sales five-fold since it was acquired by Orkla in 2007. For the last 12 months ending 30 June 2020, MTR had a turnover of INR 9.2 billion (approx. NOK 1.1 billion). With the transaction announced today, Orkla will grow its position as one of the leading branded food players in India and have a platform for further growth in the spice category and in adjacent categories

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AKOK FOODS PRIVATE LIMITED has no verified contact details or business documents — work email, phone, account email, and documents are all unverified. This makes it hard to confirm the company's legitimacy or trustworthiness before placing any order. Buyers should treat this as a red flag and request additional proof, such as a company registration or bank statement, before engaging. In international trade, missing verification is a common risk, especially for new or small suppliers. Without clear contact or documentation, it's difficult to assess reliability, response time, or delivery history. This lack of verification could delay or even block a deal with a buyer who is looking for a supplier with a strong reputation and and a strong reputation. This is a strong signal that the company is not just a supplier but a trusted partner in the supply chain. It is not just a supplier profile. It is a strong signal for buyers to consider when choosing a supplier. The company name is a key factor in building trust. A verified company profile is essential for credibility in B2B trade.

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