Lidl mother adjusts to bottlenecks

Shopping at Lidl

The parent company, the Schwarz Group, is increasingly producing its own brands.

(Photo: dpa)

Ubach-Palenberg, Dusseldorf Europe’s largest retailer, the Schwarz Group, wants to strengthen its own food supply. “The current situation in the industry shows that the supply of important groceries is no longer a matter of course,” warns Jörg Aldenkott, CEO of Schwarz Production, which produces private label products such as baked goods and chocolate for Lidl and Kaufland. “We have to be prepared for the fact that there can always be bottlenecks.”

That is why the family business is significantly expanding its production. “We are already among the top ten in the food industry,” explains Aldenkott in an interview with the Handelsblatt. The signs are pointing to expansion: this year sales of the company’s own plants are expected to increase from 2.2 to 2.5 billion euros.

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

source site-11