Bloomberg News

Orkla and Gleditsch Family to Continue Jotun Ownership, DN Says

October 03, 2011

Oct. 3 (Bloomberg) -- Orkla ASA and the Gleditsch family will both continue as long-term owners of Jotun AS after Orkla sought to gain control of the paint maker, Dagens Naeringsliv reported, citing Jotun Chairman Odd Gleditsch.

The owners have agreed not to change their development strategy for Jotun, the Oslo-based newspaper said.

--Editor: Meera Bhatia

To contact the reporter on this story: Stephen Treloar at streloar1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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