EUROGERM Acquires Improver Maker Teltomalz 

The EUROGERM Group strengthens its presence in Germany by integrating Teltomalz GmbH’s activities into its German subsidiary. Founded in 1907, Teltomaz has developed expertise about designing and manufacturing improvers for the bakery and pastry industries, which fits Eurogerm’s current portfolio and ambition for the Northern & Eastern Europe markets.

This transaction will offer the EUROGERM Group strategic advantages for its development in Germany and Northern/Eastern Europe. The complementarity of the two players will help ensure efficient and responsive support for current and future customers in the wheat, flour, bread, pastry and catering industries.

TELTOMALZ GmbH is based in Teltow, close to Berlin. Operating out of the new organic and IFScertified (International Featured Standard) plant, TELTOMALZ GmbH manufactures malt-based products, premixes, mixes and ingredients for artisans and industrial customers in the bakery and pastry sectors.

TELTOMALZ GmbH’s industrial unit will boost EUROGERM’s production and distribution capacity in the area. On its end, EUROGERM Deutschland will promote access to the group’s various areas of expertise: CSR, R&D, global sourcing, training, regulations, sensory evaluation.

Creating an industrial unit focused on Germany and Northen/Eastern Europe is key to the Group’s development in this strategic market. By integrating TELTOMALZ GmbH’s activity, EUROGERM will offer its customers the opportunity to work with an innovative, local partner, while benefiting from the support of an international group.

“We are so pleased with this merger between our two companies, which will enable us to get closer to our customers and to develop and offer new areas of expertise, particularly in the field of bread and pastries”, say Jean-François Honoré, Chairman of the EUROGERM Group and Grégoire Faivre d’Arcier, Managing Director of EUROGERM Deutschland.