About

Orkla is a vast consumer goods company, with 2015 turnover of over NOK 31bn ($3.76bn). It maintains a small but highly experienced legal team, all of whom have between 10 and 40 years of experience. This experience has been put to the test thoroughly in recent years, which saw the company realign itself from a diversified conglomerate to the focused consumer branded goods company that it is today. This has taken a large amount of extra work from the team, on top of its regular day-to-day activities, and has included ‘divesting companies and assets, purchasing companies and assets, [and] integrating and onboarding new businesses’, according to general counsel Karl Otto Tveter. Tveter retains a seat on the executive management team and is heavily involved in strategic decision-making, meaning that a legal perspective is available to inform business decisions. This has led to the legal team being ‘highly appreciated’ by the company for their ‘to the point advice’ and understanding of risk.