Article from Nutraceutical Business Review.
For the first time in its history, the family business achieves sales of more half a billion Euros in 2017
In 2017, the Stern-Wywiol Gruppe, with its headquarters in Hamburg, Germany, increased its sales by €56 million to €520 million.
With this figure, the specialist in food and feed ingredients achieved 12% growth last year. The continuing positive development of the family business is largely because of the expansion of its international presence and intensive applications research.
These have also led to the group being rated as one of Germany’s Top Twenty most innovative medium-sized enterprises. Worldwide, the group has more than 1300 employees, 920 of them in Germany. This, too, represents an appreciable increase.
Read the article here – Nutraceutical Business Review.