1 minute read | August.09.2023
Orrick has advised Paulig Group, the international family-owned food and beverage company headquartered in Finland, on the sale of its approximately 26 percent stake in leading German spice manufacturer Fuchs to the majority shareholders of Fuchs Group. The spice manufacturer Fuchs is known for its brands Fuchs Gewürze, Ostmann, Schubecks, Bamboo Garden, Fuego and Kattus.
Paulig is a family-owned international food and beverage company that markets products and services in coffee, food concepts, spices, herbal products and snacks under the Paulig, Santa Maria, Risenta, Poco Loco and Zanuy brands. In 2022, the Paulig Group generated sales of EUR 1.1 billion.
Paulig Group had held the minority stake since 2000, and the decision to divest will allow Paulig to focus on its core growth areas, such as the Tex Mex and snacking categories.