Welcome!

News Feed Item

Hochland SE Acquires Franklin Foods

World's Fastest Growing Cream Cheese Company will Operate as Wholly-Owned Subsidiary of Hochland under the Continued Leadership of Jon Gutknecht

DELRAY BEACH, FL -- (Marketwired) -- 01/13/17 -- Franklin Foods Holdings (Franklin), the World's fastest growing cream cheese company, announced today that Hochland SE, a privately-held Bavaria, Germany-based cheese company, has acquired Franklin Foods and its sister companies. Jon Gutknecht, current partner, president and CEO of Franklin Foods, will continue to lead Franklin and maintain an interest in the new venture. Franklin Foods will continue to operate independently as a wholly owned subsidiary of Hochland SE. Franklin's strong manufacturing and sales platform in the US cream cheese market complements Hochland's international growth strategy.

"We are thrilled to announce the acquisition," said Jon Gutknecht, CEO of Franklin Foods. "Hochland and Franklin share a common vision around providing superior customer service, creating best-in-class products, and ensuring a company culture that strives to make a difference for our customers and brands. As a company with a successful 100-year heritage, we are especially proud to join Hochland in 2017 as they celebrate their 90th Anniversary, and we look forward to many great years ahead."

The Franklin Foods acquisition follows the establishment of Hochland's US sales organization, Bergland Cheese USA LLC in 2014, and marks a significant strategic step by Hochland into the US market. As the fastest-growing cream cheese producer in the world, the combined entity will allow Franklin to continue its growth and deliver on its mission to re-Invent cream cheese for today's consumer.

"We are very excited about this acquisition," said Peter Stahl, CEO of Hochland SE. "Franklin's strong market position, nationwide distribution and two modern production plants offer Hochland the ideal platform for the successful implementation of our own brands and products in the USA."

Franklin Foods was established in 1899 in Vermont, originally under the name "Hahn's Cheese Company." Today, Franklin Foods is the third largest cream cheese producer in the USA. Franklin sells its own award-winning brands including Greek Cream Cheese, Green Mountain Farms and Hahn's, and private label products to food service companies and retailers.

Franklin Foods operates two manufacturing facilities in Casa Grande, Arizona and Enosburg Falls, Vermont, with corporate offices in Delray Beach, Florida. The company serves every food industry segment, conducts business throughout the United States and numerous international markets, and employs over 220 people.

The terms of the transaction have not been disclosed.

About Hochland SE

Hochland SE is a family-owned business based in Heimenkirch in the Allgäu. From the outset in 1927 the company has concentrated exclusively on the production, refinement and sales of cheese. The company has 10 production sites with a workforce of more than 4,200. In 2016, Hochland generated a turnover of roughly 1,2 billion Euro. As a result Hochland is one of the largest manufacturers and refiners of cheese in Europe. Hochland supplies all major cheese varieties to national and international markets. Hochland cheese is sold in over 30 countries and its name is synonymous with quality and ongoing product innovation. Hochland began doing business in Eastern Europe early on -- and was instantly successful in creating the brands Hochland and Almette. In Poland, Romania and Russia Hochland is the market leader in the field of processed cheese and cream cheese. Hochland's products are not only to be found in food retailers. The company also supplies the food industry and catering sector with product concepts especially developed for customers in all desired forms.

About Franklin Foods

Franklin Foods is located in Delray Beach, FL with manufacturing facilities in Enosburg Falls, Vermont and Casa Grande, Arizona. Franklin Foods is a Safe Quality Foods (SQF) Level 3 Certified cream cheese manufacturer. Franklin Foods began producing cheese in 1899 using fresh milk and cream from nearby farms. Today, the Franklin Foods tradition of excellent quality, delicious taste and dairy innovation continues. Franklin Foods is the fastest growing cream cheese producer in the World and is on a mission to Re-Invent Cream Cheese® for today's consumer. Franklin Foods' award-winning products are distributed to industrial, institutional, foodservice, private label, supermarket and club store accounts across the United States and numerous international markets. For more information, visit www.franklinfoods.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...