Friday, October 4, 2024

Ricola continues to invest in Switzerland with acquisition of Hero production plant

Ricola Group, which produces herbal specialty products, is continuing to invest in Switzerland as a manufacturing base by acquiring the production plant at Karl Roth-Strasse from global food company, Hero Group. This will enable Ricola to overcome production constraints in Laufen and to meet the global demand for its products.

Ricola is taking over part of the existing production infrastructure, as well as offices and a staff restaurant.

With the acquisition of the Hero production plant in Lenzburg, Ricola is expanding its production base in Switzerland further. Ricola manufactures all of its products in Switzerland, mainly in Laufen near Basel, and exports them to 50 countries worldwide.

Laufen will remain the headquarters for Ricola.

Thomas P. Meier, CEO of Ricola Group, said: “We are very pleased to be able to expand our capacities in Switzerland with the production plant in Lenzburg, allowing us to continue meeting the rapidly growing international demand for our products into the future.”

“We are proud to have found in Ricola the perfect buyer for our production plant in Lenzburg. Hero’s headquarters will, of course, remain at the birthplace of our company and we look forward to having Ricola as neighbours,” said Rob Versloot, CEO of Hero Group.

Ricola is scheduled to start production in Lenzburg in the first quarter of 2026. Ricola plans to create up to 40 jobs in Lenzburg.

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