Nestlé buys spice start-up Ankerkraut

Stefan and Anne Lemcke

The Hamburg founders of Ankerkraut founded their spice business ten years ago. Today, the Nestlé group has acquired a majority stake.

(Photo: Ankerkraut)

Dusseldorf, Zürich Two years ago, Stefan Lemcke, founder of the Hamburg spice start-up Ankerkraut, was still dreaming of an IPO. It is now useless. Along with Nestlé, the world’s largest consumer goods maker now owns a majority stake in Ankerkraut, as the two companies announced on Wednesday.

Details of the purchase price and shares were not given. According to the media, the Swiss group will own around 85% of Ankerkraut in the future – after approval from the antitrust authorities.

“For us, this step is a great opportunity as we want to continue to drive our growth and professionalization,” Stefan and Anne Lemcke said in a statement. More recently, the founding couple owned 51% of Ankerkraut. The Lemckes and management will remain shareholders, the existing management team will continue to run the business independently. The founders, in their early 40s, remain on board as brand ambassadors.

Frank Thelen sells shares of Ankerkraut to Nestlé

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