German dairy company Meggle has acquired its domestic peer Rucker as seeks to expand in the cheese category.
Rucker is a leading producer of feta-like Hirtenkase and employs over 600 staff at its production facilities in Aurich and Wismar. The company generated a revenue of €500 million ($426 million) in 2024.
Comenting on the deal, Meggle CEO Matthias Oettel said: “The acquisition of the Rücker dairy is another significant milestone for us. With Rücker, we are gaining a healthy company that not only has an impressive history but also brings extensive expertise and innovative strength in cheese and dairy processing. Together, we will pool our competencies, make investments, and lay the foundation for further growth”.
Klaus Rücker, managing partner of Rucker, added: “With MEGGLE, we have found a partner that, as a long-standing family business, shares similar values and where strategy and product portfolios complement each other well. We are confident that our company will find a good home here”.
The acquisition is subject to approval by the competition authorities.
Source: Meggle