Hero Group Explained

The Hero Group
Type:Private
Founder:Gustav Henckell
Gustav Zeiler
Area Served:Worldwide
Key People:Dr Arend Oetker (Honorary Chairman), Dr Hasso Kaempfe (Chairman of the Board of Directors), Rob Versloot (CEO)
Products:Baby & Toddler Food, Baby & Toddler Milk, Jams, Healthy Snacks
Revenue: CHF 1.14 billion (2021)
Num Employees:4,300 (2015)
Foundation:1886
Location:Lenzburg (Aargau), Switzerland
Homepage:www.hero-group.ch

Hero Group is a private, consumer food manufacturer and marketing company based in Switzerland. Focusing baby and toddler food, healthy snacks, and natural spreads,[1] the group brands include Corny Snack Bars and Semper Baby food.[2]

Overview

In 1995, Dr. Arend Oetker acquired a majority shareholding in Hero and re-positioned the Group to focus on branded business. Business segments that no longer fitted this brand strategy were divested. In parallel, the Group embarked on a major geographic expansion program.

Today, Hero is producing products in its core product categories. The Group's operations are based predominantly in Europe, North America, Middle East/Africa and Turkey/Central Asia.

History

The Hero Group was founded in 1886 in Lenzburg, Switzerland by Gustav Henckell and Gustav Zeiler, two German immigrants.

In 1888, investor Carl Roth joined the business.[3] After Zeiler’s death in 1890, the first two letters of Henckell and Roth's names were combined to name the company ‘Hero Conserven Lenzbourg’.

In 1995, Arend Oetker took a majority holding in Hero with full ownership of the company being transferred to the Oetker family in 2003.[4] [5]

External links

Notes and References

  1. Web site: 2023-09-18 . Hero Group Divests Nordic Gluten-Free Business To Dr. Schär . 2024-06-28 . ESM Magazine . en.
  2. Web site: Harvey . Simon . 2022-11-18 . Switzerland's Hero Group invests in new Spanish factory for baby food . 2024-06-28 . Just Food . en-US.
  3. Book: International Directory of Company Histories . 1988 . St. James Press . 978-1-55862-634-8 . en.
  4. Book: Breiding, R. James . Swiss Made: The Untold Story Behind Switzerland's Success . 2013-01-10 . Profile Books . 978-1-84765-809-8 . en.
  5. Book: Holmes, Madelyn . Forgotten Migrants: Foreign Workers in Switzerland Before World War I . 1988 . Fairleigh Dickinson Univ Press . 978-0-8386-3304-5 . en.