The Klosterfrau Group, founded in Cologne in 1826, has been a market leader in premium natural medicines and consumer health products to generations of customers. Its globally distributed product portfolio includes well-known brands Klosterfrau Melissengeist, neo-angin, Contramutan, Soledum and taxofit. With 1,600 staff, Klosterfrau guarantees the highest quality standards in research, development, production and sales.
Founded in 1904 in Zurich, Hermes Süssstoff specialises in premium table sweeteners. Its Assugrin, Hermestas and SteviaSweet brands are internationally recognized and marketed. In Switzerland, Assugrin is synonymous with calorie-free sweeteners, while Hermestas is the Northern European market leader and also has a strong presence in Australia, the UK, Ireland and many other countries. SteviaSweet’s complementary core markets are the Nordics and Australia.
Krüger Group, founded in 1971, is a family business based in Bergisch Gladbach, Germany. Thanks to the continuous expansion of its product portfolio, the group has developed a global presence. It is recognized as a premium producer of branded and private-label sweeteners. A network of global subsidiaries ensures that the group is independent, globally connected and future-proof across the entire supply chain. With 5,600 staff, Krüger Group develops, produces and markets well-known brands such as Schogetten and Trumpf.
The strategic acquisition of Hermes Süssstoff enables Krüger Group to expand its product portfolio in the artificial sweetener sector and to strengthen its position as an international leader in quality and innovation.
“We are delighted that Hermes Süsstoff AG has found a strategic partner and a good home in the Krüger Group. We would also like to thank the Carlsquare team; their consumer health and food industry expertise as well as M&A experience was essential to facilitate this successful transaction.“ – Dr Stefan Koch, CEO, Klosterfrau Group
Carlsquare acted as the financial advisor to Klosterfrau Group for the sale of Hermes Süssstoff.
