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Nestle, the Swiss-based food and beverage giant, has reached an agreement to transfer its shares in Ankerkraut, the German spice manufacturer, back to the company’s original founders.
The transaction sees the brand return to the control of the founding team, including Stefan and Anne Lemcke. Nestle is divesting its entire majority stake as part of a broader strategic transformation to sharpen its brand focus and portfolio. The financial terms and the specific valuation of the deal have not been disclosed.
Commenting on the divestment, Nestle Germany chief executive officer Alexander von Maillot stated: “The cooperation has always been constructive, trusting and characterised by common goals. In this sense, we support the founders’ desire for greater entrepreneurial independence”.
Anne and Stefan Lemcke described the brand as their “life’s work” and expressed eagerness to develop the company independently again.
Nestle originally acquired a majority stake in the Hamburg-based business in April 2022.
Source: Nestle
