The European Commission has now authorised the majority shareholding of the family holding Pfeifer & Langen in the family business Rügenwalder Mühle Carl Müller GmbH & Co. KG as pre-announced in November.
The authorisation by the European Commission was preceded by an intensive investigation. The official approval of the investment clears the way for the merger of the two family businesses.
Rügenwalder Mühle will be organisationally linked to The Nature’s Richness Group. This holding company bundles all plant-based food activities at Pfeifer & Langen Industrie- und Handels-KG, including the production of meat and fish alternatives from plant protein such as the pea protein specialist endori.
Uwe Schöneberg, Managing Partner of Pfeifer & Langen IHKG, commented: “By joining forces, we can complement our mutual strengths in areas such as raw material procurement, the manufacture of innovative products and market development. Our shared thinking and actions will allow us to further develop the still-young category of plant-based meat alternatives. The needs and expectations of customers, a market that is still at an early stage, the challenges of future nutrition and, last but not least, the protection of our climate demand this of us.”
Dr Gunnar Rauffus, Chairman of the Supervisory Board of Rügenwalder Mühle Carl Müller GmbH & Co. KG, said: “We are aware of the major step this decision represents in the development of Rügenwalder Mühle in terms of employees, brand and company. We see this as a great opportunity for our company and believe it puts us in an excellent position for the future. In our search for the right partner, the common understanding and values in the production of good food that people want were essential for us. In the new, forward-looking social constellation, Rügenwalder Mühle can remain true to its philosophy and at the same time continue to develop as a company.”