Carnegie acted as financial adviser to the Board of Directors of Oriflame on Walnut Bidco’s public cash offer to the shareholders of Oriflame. Walnut Bidco is a newly established company indirectly wholly owned by members of the families of Robert af Jochnick and the late Jonas af Jochnick. Founded in 1967, Oriflame is a beauty company selling direct in more than 60 countries. June 2019.