Post: Boettger Gruppe acquires Jahnke in all-German confectionery deal

Boettger Gruppe acquires Jahnke in all-German confectionery deal

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Boettger Gruppe acquires Jahnke in all-German confectionery deal

German confectioner Boettger Gruppe has snapped up native peer JahnkeSüßwaren for an undisclosed sum.

The proprietor of the Cavendish & Harvey model has purchased liquorice specialist Jahnke from one other native confectioner, Ragolds Make investments.

Boettger mentioned the acquisition will add liquorice to its laborious sweet portfolio and broaden manufacturing capability by way of it gaining a second facility close to its Kaltenkirchen website.

Tinned and jarred laborious sweet model Cavendish & Harvey model dates again to 1977 and is bought in additional than 100 international locations.

Boettger mentioned the model has grown to the purpose the place the prevailing manufacturing services in Kaltenkirchen have reached their limits and a number of the manufacturing has been outsourced to the neighbouring Jahnke manufacturing unit.

The corporate mentioned the 2 websites will probably be intently linked to “create synergies, utilise assets extra successfully and promote innovation”.

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Alexander Mock, managing companion of Boettger, mentioned: “Having already labored efficiently with Jahnke, this acquisition is a logical subsequent step in increasing our manufacturing capacities and making us extra versatile.”

Frank Gemmrig, Cavendish & Harvey managing director, added: “The acquisition of Jahnke is strategically essential for us in two methods. On the one hand, the liquorice specialities of the Jahnke model are a wise addition to our present vary. Then again, discovering a manufacturing facility near our personal website is a stroke of luck.

“It will improve our flexibility and provides us further capability. On this means we’re preserving present jobs, creating new ones and contributing to the longer term financial improvement of the area.”

Boettger has 160 staff at its facility in Kaltenkirchen, predominantly making Cavendish & Harvey merchandise. Cavendish & Harvey has been owned by Boettger since 2002.

Boettger additionally owns Berlin-based Boettger Meals Substances, asupplier of granulated and liquid sugar in addition to nuts and dried fruit to the confectionery, beverage and meals industries.

Hamburg-based Ragolds Make investments owns different confectionery merchandise, together with some manufacturers linked to movies and TV programmes equivalent to Minions, Peppa Pig and Paw Patrol.

Simply Meals has requested Jahnke and Ragolds for his or her feedback on the deal.

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