Core Insights - Dellia Group, a Norwegian consumer goods company, has agreed to acquire Kirirom Food Production, its primary supplier of dried fruit products, for an enterprise value of $36 million on a cash- and debt-free basis [1] - The acquisition aims to enhance Dellia's production capacity and facilitate expansion in the Nordics, Europe, and China [5][7] Transaction Details - Dellia will purchase 100% of the shares in a new Singapore-registered company set up by Kirirom's owner, Dalis Chhorn, which will hold all shares in Kirirom [1] - After accounting for net debt of approximately $10 million, the effective consideration for the shares is around $26 million [2] - Dellia will advance $1 million to Kirirom for the carve-out of ten hectares of land and will also prefund an additional $3.9 million for acquiring 39 hectares for future expansion [4] Operational Impact - Kirirom, founded in 2013, has grown its workforce from about 1,000 employees to approximately 3,600, including 300 permanent and 700 temporary workers [3] - The Cambodian plant's production capacity is projected to increase from 6,000 tons in 2025 to 12,000 tons in 2026, with capital expenditure already committed for this capacity lift [5] Product Development - Kirirom has recently installed new production lines for Dellia's chocolate-coated dried fruit and dates range, expected to be operational by the first quarter of 2026 [6] - Dellia markets several dried fruit brands, including Sunshine Delights, Dippies, and A Date With, distributing products through approximately 12,800 stores across the Nordics [6] Strategic Importance - The vertical integration of Kirirom is deemed crucial for Dellia's growth ambitions and for consolidating all products under the global brand, Sunshine Delights [7]