The food group Nestlé is taking over a majority stake in the spice trader Ankerkraut, which is based in the northern German city of Hamburg. It has taken over the shares of the previous investors - EMZ Partners, Freigeist Capital, and Knälmann Ventures - as well as parts of the management shares and thus becomes the majority owner of Ankerkraut GmbH, Ankerkraut announced on Wednesday. The companies did not disclose any figures.
According to the information released, Ankerkraut will continue as an independent company with an independent brand, while the founders Anne and Stefan Lemcke will remain on board as shareholders and brand ambassadors. The same applies to the managing directors Timo Haas and Alexander Schwoch, who will continue to run the company operationally as shareholders.
Ankerkraut GmbH, based in the south of Hamburg, was founded in 2013 by Anne and Stefan Lemcke as a start-up. The company now employs more than 230 people and generates sales in the mid-double-digit million range.
Ankerkraut became known primarily through its appearance on the German TV show "Die Höhle der Löwen" (The Lion's Den) in 2016. According to the company, Ankerkraut now sells more than 500 spices and spice blends, sauces, teas and accessories online, in food retail outlets and in its own stores in the German cities of Hamburg, Berlin, Bochum, and Cologne.
Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.