HELSINKI, Finland – Paulig is selling its minority stake (combined direct and indirect ownership 26,13 %) in the spice company Fuchs Group back to Fuchs Group. 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.
Paulig’s main product categories are Tex Mex, Coffee, Spices and Snacks. The product portfolio is almost 100% plant-based.
Coffee products include roasted coffee, ready coffee drinks, cold brewed coffee, chocolate drinks and filter service. In coffee, the company is a leading competitor both in Finland and in the Baltic countries. All coffee beans come from sources that have been verified sustainable.
Paulig has 11 factories, out of which 7 have achieved CarbonNeutral building certificate. The goal is to have all factories carbon neutral by the end of 2023.
