Willibert Krueger
ACTUAL TIME TOTAL ASSETS– since 5/6/17
$ 1.8 B
In 1971, Willibert Krueger took control of the annex of his moms and dads’ tiny food wholesale organisation and also started to make instantaneous tea. His “granulated” tea principle showed a hit, with 10 million packages generated in 1976. In Germany, Krueger is very closely related to a wide variety of “immediate” items consisting of milk powder, powdered sugar or instantaneous beverage powder, coffee whitener, single-serving coffee capsules, fruit powder and also infant food. Additionally energetic in the health-and-wellness area, the business makes as well as markets non-prescription medications, OTC items, vitamins as well as pharmaceutical cosmetics. It’s additionally an agreement producer as well as mass manufacturer of food active ingredients, commodities and also semi-finished items utilized, for instance, in cheese, sandwich spreads, foods as well as ice cream. Willibert possesses 50% of the business, which produces around $2 billion in yearly profits, and also likes playing tennis in his spare time. His kid Marc, supervisor of Krueger GmbH & Co. KG, is beneficiary obvious.
It is according to Forbes