Paulig Group

Paulig acquires all remaining shares in Vendor

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Gustav Paulig Ltd has acquired the remaining 49 per cent of shares in Oy Vendor Group Ab and is now the sole owner of Oy Vendor Group Ab’s issued stock. Vendor, which provides coffee dispenser services, has been part of Paulig’s Coffee Division since 2010, when Gustav Paulig Ltd acquired a 51 per cent interest in Vendor. “Vendor’s specialist expertise has successfully augmented Paulig’s offering of coffee service solutions, and now it is time for the next step,” says Paulig Group Elisa Markula, Director of the Paulig Group’s Coffee Division.

The acquisition of Vendor supports the Paulig Coffee Division’s strategic goal of growing dynamically in the coffee service solutions business sector. “In spite of a slight recession, out-of-home consumption of coffee is growing steadily in all markets and we aim to be in on this growth with a clearer business model that serves customers better than before,” Markula continues.

Vendor, which operates in Finland, Sweden, Norway and the Baltic countries, has nets sales of EUR 25 million and 170 employees. The party selling the shares, Managing Director Erik Wiljanen, will continue in his post until the end of 2013. Recruitment for a leader for the Coffee Division’s coffee service solutions will be started immediately.

Further information:
Director of the Paulig Group’s Coffee Division Elisa Markula, +358 50 596 0978, elisa.markula@paulig.com

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The Paulig Group
The Paulig Group is a company noted for its high-quality brand products, concentrating on seasonings, international food concepts and coffee, operating in 15 countries in Northern and Western Europe, the Baltic countries, and Russia and its neighbouring regions. Its net sales in 2012 were EUR 858 million with roughly 2,000 employees.

The Group’s coffee business is the responsibility of Gustav Paulig Ltd. The company is market leader in Finland and the Baltic countries, and in Russia it is the second-biggest supplier of roasted coffee. Paulig supplies its products and services to the retail trade, the Horeca sector and workplaces alike. Among the best-known Paulig brand products in Finland are Juhla Mokka, Presidentti, Brazil and Paulig Mundo as well as the cold coffee drink Frezza and the cocoa beverage Tazza. Among the most popular products in Russia and the Baltic markets are the Paulig Classic and Paulig President blends and Paulig espresso products. The company’s coffee roastery and head office are in the Vuosaari district of Helsinki. The roastery produces roughly 100 million packages of or some 45 million kilos of coffee per year.
www.paulig.fi

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Satamakaari 20
00981 HELSINKI

Tel +358(0)9 319 81http://www.pauliggroup.com

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