2022 Erfurt Teigwaren sold to the Schwarz Group (Lidl, Kaufland)

Hamburg/Lemgo/Erfurt October 2022 The investor group Lampe Privatinvest has sold Erfurter Teigwaren GmbH ("ETW"), the largest pasta manufacturer in Germany, to Schwarz Produktion. HGK Global GmbH, as one of the investors and shareholders of Erfurter Teigwaren GmbH, has sold all its shares.

Erfurter Teigwaren GmbH is the oldest pasta factory in Germany. Pasta (dry goods) has been produced at the Erfurt site since 1793. Today, the company employs around 170 people and is the largest pasta manufacturer in Germany with a production volume of around 100,000 tons per year. Equipped with state-of-the-art production facilities, ETW is able to produce over 100 different pasta shapes, also in the organic and spelt segment. The company specialises in private labels and supplies food retailers and industrial customers in Germany and neighbouring countries.

Schwarz Produktion is the umbrella brand of the production plants of the Schwarz Group, one of the world's leading trading companies. In total, more than 4,500 employees in the Schwarz Produktion companies produce high-quality food as well as sustainable packaging and materials for the group-affiliated trading companies Lidl and Kaufland. In addition to mineral water and soft drinks, the Schwarz production companies also produce chocolate, dried fruit, baked goods, coffee and ice cream.

"Following the construction of a new plant at the Erfurt site, ETW has developed very dynamically in recent years and has been able to significantly increase its production volume. We are convinced that we are now handing over the company and its employees to good hands," says Victor Antunes.

The aim of the purchase is to reliably supply the trading companies of the Schwarz Group with high-quality pasta products from their own production. The existing management team in Erfurt should be retained and contribute its expertise to the further development of the company.

"In recent years, we have been able to gain a lot of experience in successfully setting up and further developing new and existing food plants," said Jörg Aldenkott, CEO of Schwarz Produktion. The company also wants to make a long-term commitment in Erfurt.