Kägi Söhne AG, Lichtensteig, Switzerland – Sales 20 €m
May 2008 - MBO - Majority stake |
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In May 2008, Argos Soditic acquired the company Kägi Söhne AG from Valora, a Swiss group active in the distribution of consumer goods, which, within its strategy of focusing on its core activities, conceded its production companies.
With this transaction, Argos Soditic, in association with the management of the company, acquired a landmark of the Swiss economic landscape. Founded in 1934, Kägi Söhne AG is a well-known producer of wafers and biscuits based in Lichtensteig, in the heart of the region of Toggenburg, Switzerland.
The products, sold under various brand names such as “Kägi-Fret” or “Toggenburger Butterbiscuits,” are well known in all Switzerland. Some years ago, the company also introduced its specialities abroad with great success. Its entrenchment in Toggenburg, its history, and its respect of traditional recipes ensures its presence as a real trademark in Switzerland.
Argos Soditic is convinced that the separation from Valora frees up hidden potential and new energy. We will accompany the management in its development projects for new markets and product innovations.
www.kaegi-ag.ch
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