Nordzucker

Nordzucker AG
Aktiengesellschaft
Industry Food processing
Founded 1997 (1997) (Braunschweig, Germany)
Headquarters Braunschweig, Germany
Key people
 Hartwig Fuchs (CEO), Hans-Christian Koehler (Chairman of the Supervisory Board)
Products sugar, liquid sugars, sugar specialities, animal feed, bioethanol, carbolime
Revenue € 2,443 million (2012/2013)[1]
€ 360 million (2012/2013)[1]
Number of employees
 3,290 (2012/2013)[1]
Website www.nordzucker.com
Nordzucker AG headquarters in Braunschweig, Germany

Nordzucker AG, headquartered in Braunschweig, Germany, is Europe’s second largest sugar manufacturer. The production of sugar, liquid sugars and other specialities for the application in the nutrition, beverage and sweets industry as well as other sugar specialities like refined sugar, icing sugar, lump sugar, preserving sugar, tea sugars and flavoured sugars for consumers are the core business of the company. In addition to that, Nordzucker produces animal feed and bioethanol from sugar beet. In the 2012/2013 financial year, the company produced 2.8 million tons of sugar from 17.3 million tons of sugar beet which were cultivated on 266,000 hectares. Sales added up to EUR 2.4 billion and net income came to EUR 360 million. 40% of sales were generated in Northern Europe, 44% in Germany and 16% in Eastern Europe.[1]

History

The Nordzucker AG was formed by the merger of the Braunschweig-based Zuckerverbund Nord AG (ZVN) and the Uelzen-based Zucker-Aktiengesellschaft Uelzen-Braunschweig (ZAG) in 1997.

Between 1999 and 2003, Nordzucker expanded to Eastern Europe and acquired its Polish plants Chełmża and Opalenica and its Slovakian plant Trenčianska Teplá.[2]

In 2003, the Nordstemmen-based Union-Zucker Südhannover GmbH was integrated into the Group.

In March 2009, Nordzucker acquired the Copenhagen-based sugar manufacturer Nordic Sugar A/S (formerly known as Danisco Sugar) for EUR 730 million. Nordic Sugar runs sugar plants in Denmark, Sweden, Finland and Lithuania.[3]

The roots of the company date back to the year 1838, when the Klein Wanzleben plant, the first plant of the company that is still in service today, was founded.[2]

Company profile and business segments

Locations

The Nordzucker plants are primarily located in Germany and Eastern and Northern Europe.[1]

Sugar plants

Liquid sugar plants

Refineries

Other locations

In addition to that, the company runs sales and distribution locations in Riga (Latvia), Vilnius (Lithuania), Tallinn (Estonia), Reykjavik (Iceland), Oslo (Norway), Dublin (Ireland) and Athens (Greece) as well as an office in Brussels (Belgium).

Brands

For households, Nordzucker mainly distributes its products under its “SweetFamily” and “Dansukker” brands via food retailers. SweetFamily is distributed in Germany, Poland and Slovakia whereas Dansukker is distributed in Scandinavia and the Baltic states.

Other business segments and investments

Management

The Executive Board consists of the following members:[7]

The Supervisory Board consists of 21 members, including 14 shareholders’ representatives and 7 representatives of the workforce. Hans-Christian Koehler is the chairman of the board.[8]

Shareholding structure

Main investors of Nordzucker AG are the two holding companies Nordzucker Holding AG (84.1%) and Union-Zucker Südhannover GmbH (10.8%). 5.1% of shares are free-float. In contrast to its competitor Südzucker AG, Nordzucker AG is not listed at a stock exchange.[9]

References

  1. 1 2 3 4 5 "Annual Report 2012/2013" (PDF). Nordzucker AG. Retrieved 28 March 2014.
  2. 1 2 175 Years of Nordzucker – A History of Sugar, Braunschweig, 2013.
  3. ↑ Foodbev article. Retrieved 24 April 2014.
  4. ↑ CHEManager online article. Retrieved 20 January 2014.
  5. ↑ Foodnavigator article. Retrieved 24 April 2014.
  6. ↑ PureCircle press release. Retrieved 24 April 2014.
  7. ↑ Nordzucker website - Executive Board. Retrieved 24 April 2014.
  8. ↑ Nordzucker website - Supervisory Board. Retrieved 24 April 2014.
  9. ↑ Nordzucker website - Shareholder's structure. Retrieved 24 April 2014.

External links

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