Lindt & Sprüngli Group announces that as of January 2022, the two Italian subsidiaries Lindt & Sprüngli S.p.A and Caffarel S.p.A. will be integrated through a merger by absorption procedure. The operation is aimed at building stronger synergies between the two organizations, enhancing them under a unified business and industrial strategy, while preserving their unique distinctive traits and strong local dimension.
The merger will strengthen the already existing collaboration between the two organizations: some processes will be integrated to increase cooperation, others will remain separate to guarantee the quality, innovation plan, and development boost of Caffarel and LINDT. The new set-up will facilitate sharing of know-how, resources, and processes, with the objective to preserve the excellence characterizing LINDT and Caffarel. The production site of Luserna San Giovanni will continue to be fundamental for the Group and will remain part of an investment program introducing new technologies and processes aimed at enhancing innovation, while preserving the distinctive high quality and traditional traits.
The merger was identified as the most suitable solution to ensure the continuity of Caffarel’s business and a more solid future on employment, given the economic difficulties experienced by Caffarel S.p.A. within the past years also in light of the recent pandemic.
This decision to further integrate confirms Lindt & Sprüngli’s Group commitment to continue investing in both brands, Caffarel and LINDT, as key assets for the Group, consolidating their presence in the Italian market, and preserving the features which make the two brands unique in their own ways.
In the coming months, the Lindt & Sprüngli Group will continue to work along with all involved parties to complete legal procedures and define the necessary steps leading to the integration, looking at the most suitable solutions with Union organizations to support involved employees in the transition and keep the excellent relations to trade and business partners.
Media contact
Roshini Bains,
Editor, International Confectionery
Tel: +44 (0) 1622 823 922
Email: [email protected]
