Back to Search
Start Over
Germany's Krüger Group buys Swiss sweetener business.
- Source :
- Aroq - Just-Food.com (Global News); 7/16/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- German food and beverage manufacturer Krüger Group has acquired Switzerland-based sweetener business Hermes Süssstoff from pharmaceutical company Klosterfrau. The financial details of the acquisition were not disclosed. Krüger Group will gain brands such as Hermesetas, SteviaSweet, and Assugrin, with Hermesetas being the market leader in northern Europe and having a strong international presence. The transaction has already been completed, and Krüger Group's business operations will continue unchanged. Krüger Group is a multinational company with various brands in the food and beverage industry, including chocolate products, coffee, infant nutrition, and sports nutrition. Last year, the company generated approximately €2.5bn ($2.72bn) in sales. [Extracted from the article]
- Subjects :
- SWEETENERS
FOOD industry
INFANT nutrition
SPORTS nutrition
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Aroq - Just-Food.com (Global News)
- Publication Type :
- Report
- Accession number :
- 178457771