Swiss company Hochdorf has announced that it is selling its German vegetable oils and flour business, Marbacher Ölmühle, as part of a strategic realignment.
Hochdorf has agreed to offload the business to a German family office company focusing on long-term commitment in the organic food industry.
The sale – which will go ahead on 30 December – is said to be motivated by Hochdorf’s strategic focus on its baby care and dairy ingredients divisions.
Marbacher Ölmühle produces a range of organic oils – including apricot kernel oil, sesame oil, almond oil and hemp oil – as well as a variety of flours such as hemp flour, pumpkin seed flour and peanut flour.
Hochdorf acquired Marbacher Ölmühle back in 2014 as part of its move to strengthen its Viogerm wheat germ business internationally.
Following the discontinuation of its cereals and ingredients division, Hochdorf says the German company has lost strategic importance for the Group.
The sale completes the streamlining of the Hochdorf Group portfolio of companies and following the divestment, Hochdorf will focus entirely on its baby care and dairy ingredients divisions from the beginning of 2021.
“We are proud to have found a strategic investor who can positively influence the further development of Marbacher Ölmühle,” said Peter Pfeilschifter, Hochdorf Group CEO.
Hochdorf manufactures products from natural ingredients such as milk, whey and oil seeds and sells them in over 70 countries.
© FoodBev Media Ltd 2020
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