Orior AG ORON

VANCOUVER, BRITISH COLUMBIA, Sept. 14, 2026 (GLOBE NEWSWIRE) -- 1470350 B.C. Ltd. (the “Company”) is pleased to announce that it has entered into a binding letter agreement dated September 11, 2026, (the “Letter Agreement”) with Orior Metals Corp. (“Orior”), to complete a proposed business combination between the Company and Orior (the “Proposed Transaction”). It is expected that the Proposed Transaction will proceed by way of a “three-cornered” amalgamation of Orior with a wholly-owned subsidia

The Switzerland-based food-and-drinks group was already forecasting a decline in sales – its forecast has worsened.

Orior said the export arm of drinks brand Biotta was “under pressure due to lost business”.

Dr Peter Müller will succeed Monika Friedli-Walser, who has been leading the company in a dual role for around a year.

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Culinor Food Group, the Belgian retail and foodservice meals provider, was put under review last year.

Orior said the transaction is “strengthening its strategic position in the premium fresh pasta segment and sending a clear signal for focused, value-creating growth”.

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