The owner of Holle Holding AG (Holle), a leading Swiss developer and producer of pasteurized organic breads, has sold the company to Cornu Holding SA, owned and managed by members of the Cornu family. Financial details of this transaction have not been disclosed.
Holle Holding AG supplies the largest food retailers in the country The company works exclusively with organic ingredients and is fully certified with the relevant Swiss organic food label.
Cornu Holding SA is the parent company of a major group of bakeries in Switzerland and France. Its headquarters are located in Champagne. The company supplies high quality bakery to food retailers in Switzerland and abroad.
The owner of Holle decided to solve its succession through a sale to a strategic buyer. In the course of the process, a number of potential buyers from Switzerland and Europe were contacted.
Oaklins' team in Switzerland assisted the seller in the entire sales process.
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