Founded in 1956, the Schluckwerder Group is the leading manufacturer of marzipan, nougat, and chocolate specialities for the German retail industry. Rich in tradition, Lübeck-based marzipan manufacturer Erasmi & Carstens from 1845 also belongs to the group. Schluckwerder’s products are part of the core assortment in retail chains such as Lidl, Aldi, Penny, and Netto. The company has more than 550 employees and sells its confectionery products in 44 countries. Its production facilities are located in the North German towns of Adendorf and Lübeck.
Concurrently with the closing of the transaction, Novum Capital appointed a new management team, consisting of CEO, COO, and CFO. This allowed former shareholder Rolf Schluckwerder to retire, as was his wish.
In January 2021, Novum Capital sold the Schluckwerder Group to Dublin, Ireland-based food business Valeo Foods, which owns over 80 food brands, particularly in the snacks, sweets, and confectionery categories. Valeo Foods has an annual turnover of 1.2 billion euros (2020) and employs around 4 500 people across 20 manufacturing sites.
Location: Germany, Lower Saxony, Adendorf
Member count: 1-10
Founded date: 1995
Investors 1
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