Hochdorf Holding

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Hochdorf Holding AG

logo
legal form Corporation
ISIN CH0024666528
founding 1895
Seat Hochdorf , SwitzerlandSwitzerlandSwitzerland 
management
  • Peter Pfeilschifter (Chairman of the Management Board )
Number of employees 694 (2018)
sales 561 million CHF (2018)
Branch food
Website hochdorf.com

The Hochdorf Holding , often as high village group called, is a Swiss food company based in Hochdorf . The group of companies, which comprises several subsidiaries, employed 694 people in 2018 and generated sales of 561 million Swiss francs. The Hochdorf shares have been listed on the SIX Swiss Exchange since May 17, 2011 .

Field of activity

Production site in Hochdorf LU

The Hochdorf Group's products include milk powder , baking agent , flour mixes , baby food , sports and diet products , malt beverages , wheat germ-based cereals and ingredients and dessert powder . Production takes place at the Hochdorf and Sulgen locations .

history

Share certificate for CHF 500 in the Centralschweizerische Naturmilch-Export-Gesellschaft from July 1, 1895

The company was founded in 1895 as the 1st Central Swiss Natural Milk Export Company by 21 members of the Hochdorf cheese dairy cooperative and renamed the Swiss Milk Company in 1899 .

Around 100 years later, in 2000, the company was renamed Hochdorf Nutritec AG . In 2003 the company acquired Multiforsa AG in Steinhausen and Schweizerische Milch-Gesellschaft AG in Sulgen.

In 2006 the seven group companies were reorganized under the umbrella of Hochdorf Holding and the market presence was standardized under the Hochdorf name. Multiforsa AG, which operates in the animal health sector, was sold to Vital Holding GmbH in 2007. At the beginning of 2009, the two subsidiaries Hochdorf Nutrifood and Hochdorf Nutrition were merged.

In 2011 Hochdorf Nutrimedical AG was founded and in 2013 it was sold.

In September 2014, Hochdorf announced the takeover of a 60% stake in the east German dairy Uckermärker Milch GmbH, which should be completed at the beginning of 2015. 26% ( blocking minority ) of Ostmilch Handels GmbH (which is the marketer of Uckermärker Milch-Produkte and holds the remaining 40% of the GmbH) and of two associated fresh food companies are also taken over. The dry milk plant is to be expanded for the production of baby food for sales markets in Europe, Central and South America, for which the previous Hochdorf capacities were no longer sufficient. At the end of February 2020, Hochdorf sold its 60% stake to Ostmilch. The milk protein plant in Medeikiai Lithuania was sold in May 2018.

At the end of 2014, Hochdorf took over the German wheat germ processor Marbacher Ölmühle in Marbach am Neckar with a turnover of almost 10 million euros (2013).

At the beginning of 2019, Hochdorf took over the majority of shares (56.12 percent) in Thur Milch AG. So far, 17.65 percent of the shares were owned by Hochdorf. As a result, a third of the suppliers at Thur Milch Ring AG gave notice. In addition, until the end of 2019 Hochdorf still owned 51 percent of the Tunisian marketing organization Pharmalys Laboratories SA.

Ownership

As of: February 28, 2020
The main shareholder of the Hochdorf Group is Amir Mechria, the owner of Pharmalys Laboratories SA, with 18.34%. By converting three quarters of his mandatory convertible bonds, he became the main shareholder of the Hochdorf Group. Other shareholders are Stichting General Holdings (17.6%), ZMP Invest AG (11.8%: a 100% subsidiary of the Central Swiss milk producers and majority shareholder of the largest Swiss milk processing company Emmi AG ), Innovent Holding AG of the Wollerauer Weiss family (4, 36%), Vontobel Asset Management AG (3.56%), Gebrüder Maurer Automobile GmbH (2.45%), HOCHDORF Holding AG (1.69%), Dimensional Fund Advisors LP (1.47%), EFG Asset Management (UK) Ltd. (1.42%) and Quaero Capital SA (1.4%).

Individual evidence

  1. ↑ Hansjürg Jäger: Peter Pfeilschifter becomes CEO of the Hochdorf Group. In: bauernzeitung.ch. December 19, 2019, accessed December 21, 2019 .
  2. ↑ BauernZeitung: Hochdorf: Chairman of the Board of Directors voted out, Merki takes over. In: www bauernzeitung.ch. November 29, 2019, accessed December 30, 2019 .
  3. ↑ a b c Annual Report 2018 (PDF; 5.2 MB) In: hochdorf.com, accessed on February 28, 2020.
  4. ↑ hochdorf.com : Price overview- > share information , accessed on June 2, 2014.
  5. ↑ hochdorf.com : an interesting historical overview , accessed on June 2, 2014.
  6. ^ Announcement from Hochdorf-Holding , September 22, 2014
  7. ↑ a b Hochdorf sells milk from Uckermark. In: schweizerbauer.ch . February 27, 2020, accessed February 28, 2020 .
  8. ↑ HOCHDORF takes over German wheat germ processor , media release by Hochdorf Holding, November 26, 2014
  9. ↑ Hochdorf wants to take over Thur Milch. In: schweizerbauer.ch. November 21, 2018. Retrieved November 21, 2018 .
  10. ↑ Silvan Meile: A third of the suppliers have given notice: Thurgau farmers are fleeing the crisis at the Hochdorf milk processor. In: tagblatt.ch . October 19, 2019, accessed February 28, 2020 .
  11. ↑ Huge loss near Hochdorf. In: schweizerbauer.ch . August 20, 2019. Retrieved August 20, 2019 .
  12. ↑ Hansjürg Jäger: Hochdorf Group: Amir Mechria converts part of his mandatory convertible bond and becomes the largest Hochdorf shareholder. In: bauernzeitung.ch. November 4, 2019, accessed February 28, 2020 .
  13. ↑ https://de.marketscreener.com/HOCHDORF-HOLDING-AG-7982487/unternehmen/

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