Orkla Food Ingredients, a business unit of Norwegian Orkla Group, has entered into an agreement to purchase the Swiss company Hans Kaspar, thereby strengthening its position in confectionery and ice cream ingredients.
Hans Kaspar was established in 1925 and currently has 31 employees. The company’s turnover totalled CHF 13.3 m in 2020. It is a leading specialist in the manufacture of specialty ingredients for chocolate and ice cream producers. The company’s headquarters and production facilities are located outside Zurich, Switzerland. More than half of the company’s revenues are from international sales. The business will be integrated into the Orkla Food Ingredients business area and become part of OV Group (formerly Orchard Valley Foods), joining companies like Candeco, Confection by Design and Cake Décor.
“Hans Kaspar offers high-quality, specialty ingredients based on natural raw materials, adapted to modern consumer trends. As a well-established company, with a long history, Hans Kaspar has customer relationships with several of Europe’s leading chocolate and ice cream manufacturers. The company has a strong position in a segment that Orkla knows well through our ingredients business,” says Orkla President and CEO Jaan Ivar Semlitsch.