Hero Group

Last updated
The Hero Group
Company type Private
IndustryManufacture of prepared meals and dishes
Other processing and preserving of fruit and vegetables
food and tobacco industry  OOjs UI icon edit-ltr-progressive.svg
Founded1886
FounderGustav Henckell
Gustav Zeiler
Headquarters Lenzburg (Aargau), Switzerland
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
RevenueIncrease2.svg CHF 1.26 billion (2015)
Number of employees
4,300 (2015)
Website www.hero-group.ch

The Hero Group is a private, Swiss international consumer food manufacturer and marketing company, which primarily sells infant formula, baby food, jam and nutritional snack foods. [1] In 2015, the Group generated revenues surpassing CHF 1.26 billion and had 4,300 employees around the world.

Contents

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.[ citation needed ]

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

Small jars of Hero jam and marmalade at a brunch buffet Brunch at Hotel MacDonald (3674538828).jpg
Small jars of Hero jam and marmalade at a brunch buffet

1886: Foundation of Conservenfabrik Lenzburg, Henckell & Zeiler Hero was established in 1886 when two friends, Gustav Henckell and Gustav Zeiler, set up the Henckell & Zeiler, Conservenfabrik Lenzburg to process fruit and vegetables. Henckell was an experienced conserve factory employee while Zeiler was a fruit farmer. By the end of the year, they were joined by Carl Roth as a silent partner. [2]

1889: Carl Roth becomes a full partner Gustav Zeiler, aged 30, died unexpectedly on February 12, 1889, and was succeeded by Carl Roth. The company was renamed Henckell & Roth. [3]

1910: Launch of the Hero brand The Hero brand name, derived from the first two letters of the partners’ names, Henckell and Roth, was launched in 1910. Tin cans also inspired the name with the letters H, R, and O resembling their shape. This remains true today.

1910-1939: A flourishing business and international expansion Between 1910 and 1939, five companies were set up or acquired in Switzerland, and the export business flourished. Subsidiaries were founded in the Netherlands (1914) and Spain (1922). By 1922, there were 31 different types of Hero conserves ranging in size from 500g jars to the 55kg oak tubs.

1914: Quoted on the stock exchange Hero was floated on the stock exchange in 1914. This year also marked the death of Carl Roth.

1940-1945: World War II and its consequences for Hero Hero was affected by the shortages and scarcity during the war years. To ensure that supplies continued, Swiss housewives were encouraged to wash and return empty containers for reuse. Due to sugar rationing, Hero developed a conserve with less sugar and a higher fruit content, creating one of Hero's most popular brands – Hero Delicia. This premium conserve range has 60% fruit content and a lower sugar content than standard conserves.

1942: Henckell passes away The man who contributed the first half the name Hero, Gustav Henckell, passes away early in January 1942.

1946-1994: ‘Hero Classics’ conquer the market In the post-war period, Hero launched a range of products, including tinned ravioli (1948), fruit juices (1963) and Rösti (1968), which are still on supermarket shelves today and known as classics. In 1949, the Conservas Alimenticias Hero SA, Sao Carlos, Brazil, was formed

Further expansion Hero extended its activities in the baby food category with the launch of Hero Baby in Spain (1985), in the UK with Hero Foods (UK) Ltd., in Germany with the acquisition of a majority holding of Lindavia Fruchtsaft AG (1990), and in France with the takeover of Les Verges d’Alsace (1990).

1986: Hero celebrates its centenary Hero organized a number of events to mark the 100 years since its founding. On the business side, the company purchased the conserve factory De Betuwe in Tiel, the Netherlands, among others.

1995: Hero under the ownership of the Oetker Family In 1995, the German company Schwartau International GmbH, founded in 1899 and owned by Dr Arend Oetker, acquired a majority stake in Hero. A year later, Hero entered the North American market through a joint venture with McCormick to form Signature Brands LLC with the aim to manufacture food decoration products. Hero sold off its British Rayner subsidiary and non-Hero branded fruit juices companies, including Klindworth and Lindavia.

2000-2014: Becoming an International House of Brands In 2002, Hero acquired a majority stake in Schwartau. In 2003, it delisted from the Swiss Stock Exchange. Hero expanded into Turkey and the Middle East through the acquisition of the Egyptian jam company Vitrac and the setup of a joint venture with Ülker Group to produce baby food in Turkey. Hero also entered the Swiss baby food market by acquiring Wander's Adapta and Galactina brands and expanded into Eastern Europe through the purchase of the Sunar trademark in the Czech Republic and Slovakia.

In 2005, Hero purchased the Beech-Nut baby food business in the United States and set up a large R&D centre for infant nutrition in Spain.

In 2006, the company acquired Semper, the leading baby food manufacturer in Scandinavia, and a year later it added the Friso brand (today Hero Baby) from Friesland Foods to its infant nutrition portfolio. Hero also acquired the Juvela gluten-free business in the UK strengthening its position in nutritional products. Hero expanded into the Russian market, entered the organic baby food sector in the UK through the acquisition of Organix, and the Belgian market through a licensing agreement with Blédina.

In 2009, a new baby food plant was opened in Ankara, Turkey, as part of the joint venture between Hero and Ülker, and a marketing partnership with Abbott Nutrition in the USA was established.

In June 2010, Hero started production in the newly built Beech-Nut baby food plant in the US.

In 2014, Hero acquired full ownership of the business in Turkey, where all products are now sold under the Hero Baby brand.

2011: New premises The building of the Hero Group's new headquarters and factory in Lenzburg was completed, a project which was to be completed a year later, right on time for the company's 125th anniversary. Previously, the company had its production facilities and offices right next to the Lenzburg train station.

2012: New CEO In 2012, Dutch national Rob Versloot was appointed as CEO of the Hero Group.

2015: Expansion into South America In December 2015, the Hero Group entered into a joint venture with Kiviks Marquand, the makers of the Queensberry jams, the market leader in Brazil.

Related Research Articles

<span class="mw-page-title-main">Nestlé</span> Swiss multinational food company

Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017 and No. 33 in the 2016 edition of the Forbes Global 2000 list of the largest public companies.

<span class="mw-page-title-main">Danone</span> French multinational food corporation

Danone S.A. is a French multinational food-products corporation based in Paris. It was founded in 1919 in Barcelona, Spain. It is listed on Euronext Paris, where it is a component of the CAC 40 stock market index. Some of the company's products are branded Dannon in the United States.

Glanbia plc is an Irish global nutrition group with operations in 32 countries. It has leading market positions in sports nutrition, cheese, dairy ingredients, speciality non-dairy ingredients and vitamin and mineral premixes. Glanbia products are sold or distributed in over 130 countries. While Europe and the USA represent the biggest markets, the Group are continuing to expand into the Middle East, Africa, Asia Pacific and Latin America. Glanbia's primary listing is on Euronext Dublin. The Group has four segments; Glanbia Nutritionals, Performance Nutrition, Glanbia Ireland and Joint Ventures & Associates, with a combined workforce of over 7,000 employees in 32 countries.

<span class="mw-page-title-main">DSM (company)</span> Dutch multinational corporation

Koninklijke DSM N.V., was a Dutch multinational corporation active in the fields of health, nutrition and materials. Headquartered in Heerlen, at the end of 2017 DSM employed 21,054 people in approximately 50 countries and posted net sales of €8.632 billion in 2018 and €9.204 billion in 2021. In May 2023 it merged with the Swiss company Firmenich to form a new entity named DSM-Firmenich.

<span class="mw-page-title-main">Ajinomoto</span> Japanese food and biotechnology company

Ajinomoto Co., Inc. is a Japanese multinational food and biotechnology corporation which produces seasonings, interlayer insulating materials for semiconductor packages for use in personal computers, cooking oils, frozen foods, beverages, sweeteners, amino acids, and pharmaceuticals. Aji-No-Moto is the trade name for the company's original monosodium glutamate (MSG) product, the first of its kind, since 1909. The corporation's head office is located in Chūō, Tokyo. As of 2022, Ajinomoto operates in 36 countries worldwide and employs an estimated 34,198 people. Its yearly revenue in 2022 is around ¥1.36 trillion JPY or $10 billion USD.

<span class="mw-page-title-main">Uncle Tobys</span> Australian food manufacturing company

Uncle Tobys is an Australian food manufacturing company which specialises in breakfast oat products. Since its foundation in 1861, the company has expanded its product range across the cereal and ready-to-eat snack market. Uncle Tobys is currently operated as a wholly owned subsidiary of Nestlé, after being acquired in 2006. Uncle Tobys’ main factory is situated in the town of Wahgunyah, Victoria.

<span class="mw-page-title-main">Beech-Nut</span> Baby food company

Beech-Nut Nutrition Corporation was a baby food company owned by the Swiss branded consumer-goods firm Hero Group.

<span class="mw-page-title-main">Britannia Industries</span> Indian food and beverage company

Britannia Industries Limited is an Indian multinational food products company, which sells biscuits, breads and dairy products. Founded in 1892, it is one of India's oldest existing companies and currently part of the Wadia Group headed by Nusli Wadia. As of 2023, about 80% of its revenues came from biscuit products.

<span class="mw-page-title-main">Del Monte Foods</span> North American food production and distribution company

Del Monte Foods Inc. is an American food production and distribution company headquartered in Walnut Creek, California. Del Monte Foods is one of the country's largest producers, distributors and marketer of branded processed food for the U.S. retail market, generating approximately $1.73 billion of annual sales. Its portfolio of brands includes Del Monte, S&W, Contadina, College Inn, Kitchen Basics, Joyba, and Take Root. Greg Longstreet is the current Chief Executive Officer of the Del Monte Foods. Several Del Monte products hold the number one or two market share position. The company also produces, distributes and markets private-label food.

The Ferrara Candy Company is an American candy manufacturer, based in Chicago, Illinois, and owned by the Ferrero Group.

<span class="mw-page-title-main">Dr. Oetker</span> German food manufacturer

Dr. Oetker is a German multinational company that produces baking powder, cake mixes, frozen pizza, pudding, cake decoration, cornflakes, birthday candles, and various other products.

Ülker is a Turkish multinational food and beverage manufacturer based in Istanbul, Turkey. Its products are exported internationally, to 110 countries. Ülker's core products are biscuits, cookies, crackers, and chocolates, although it has expanded to other categories.

<span class="mw-page-title-main">Eckes-Granini Group</span> Corporate group

The Eckes-Granini Group GmbH is the largest corporate group specialized in the production of fruit juice in Europe. Eckes AG is based in Nieder-Olm in the Rhine-Hesse region and was once actively involved in beverage production, now serves as the group's financial holding company. Founded as a family-owned enterprise in 1857, Eckes AG has since sold off its German and international spirits business and focused exclusively on the production and sale of fruit beverages through the Eckes-Granini Group. Following the acquisition of the international brand Granini in 1994, Eckes-Granini GmbH & Co. KG was established as an independent producer and distributor of juices and fruit beverages.

Yıldız Holding is a Turkish conglomerate that is best known for manufacturing food products. The company also produces other consumer goods and has its own retail, private equity and real estate operations.

<span class="mw-page-title-main">Happy Family (food company)</span> American food company

Happy Family is an organic and baby food company in the US. It was ranked No. 2 in Inc. Magazine's 2011 list of the 500 Fastest-Growing Companies, in the food industry category.

<span class="mw-page-title-main">Libby's</span> Canned food brand

Libby's was an American company that produced canned food and beverages. The firm was established in 1869 in Chicago, Illinois. The Libby's trademark is currently owned by Libby's Brand Holding based in Geneva, Switzerland, and is licensed to several companies around the world.

<span class="mw-page-title-main">Chipita</span> Company known for 7 Days croissant

Chipita S.A. is a Greek food company headquartered in Athens, Greece. As of 2016, it operates in 56 countries.

Pladis Global is a British confectionery and snack foods company encompassing United Biscuits, Ülker, Godiva Chocolatier and DeMet’s Candy Company. It was formed in January 2016 as a subsidiary of Yıldız Holding with its headquarters in London, England. The company operates 24 bakeries in 11 countries and its products reach approximately 4 billion people worldwide in 120 countries across Europe, the Middle East, Africa, Asia and the Americas.

Nestlé Pakistan is a Pakistani food company which is a subsidiary of Swiss multinational company Nestlé. It is active in dairy, confectionery, coffee, beverages, infant nutrition and bottled drinking water areas. It is based in Lahore, Pakistan.

References

  1. "Stocks". Bloomberg.com. Retrieved 2017-04-21.
  2. "The foundations are laid 1886-1935 | Hero Group". hero-group.ch. Retrieved 2024-02-17.
  3. "The foundations are laid 1886-1935 | Hero Group". hero-group.ch. Retrieved 2024-02-17.