Spices: Paulig sells minority stake in Fuchs Group

Helsinki / FI. (pg) Finland’s Paulig Group sells its minority stake – combined direct and indirect ownership 26,13 percent – in the spice company Fuchs Group back to Fuchs Group in Dissen at Teutoburger Wald (Lower Saxony, Germany). Paulig has held a minority stake in Fuchs Group since 2000. The decision to divest allows Paulig to focus on its core growth areas such as the Tex Mex and snacking categories. Flavouring will remain an important category for Paulig in the future, and the Santa Maria brand, owned by Paulig, holds a strong position in the flavouring category in the Nordics and the Baltic countries.