Rieber & Søn
From Wikipedia, the free encyclopedia
Rieber & Søn ASA | |
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Type | Public (OSE: RIE) |
Founded | 1839 |
Headquarters | Oslo, Norway |
Area served | Norway |
Key people | Tor Lund (CEO) Helge Midttun (Chairman) |
Industry | Food |
Employees | 3,950 (2007) |
Website | www.rieberson.no |
Rieber & Søn (OSE: RIE) is a Norwegian food manufacturing company the owns and produces a wide range of products and brands. The company is based in Bergen with 28 brands in 12 countries, of which 7 have manufacturing plants. The the largest owners are the Rieber family through Atlantis Vest (41%), Orkla Group (16%) and National Insurance Scheme Fund (11%).
Among the brands owned by Rieber include Toro, Denja, Mr. Lee, King Oscar, Vossafår, Vestlandslefsa, Sopps, Black Boy, Geisha, Ming, Trondhjems (Norway), Mrs. Cheng’s, Frödinge (Sweden), K-Salat, Bähncke (Denmark), Delecta (Poland), Vitana (Czech Republic and Slovakia), Chaka (Russia), Cronions and Rijnhout (the Netherlands).
The company started as a trading company and vinegar plant in 1839 in Bergen. A new business area is acquired through the production of substitute coffee in 1933 and in 1946 the TORO brand is launched. In 1985 Rieber bought what would be the first of many acquired brands, Denja. Two years later it merged with the building materials companies Jacob Neumann and Nodest Industrier and floated on the Oslo Stock Exchange. Rieber entered Eastern Europe in 1992 when it bought the Czech brand Vitana. In 2000 the building materials section was sold and the company chose to concentrate only on food production.