Today, the shares of Hochdorf Holding AG have been listed in accordance with the Domestic Standard and are traded on SIX Swiss Exchange for the first time. The opening price on SIX Swiss Exchange was CHF 113.00. This corresponds to a market capitalization of CHF 101.7 million. Hochdorf Holding AG belongs not only to the SPI®, but also to the SPI EXTRA®. According to the listing prospectus, 900,000 registered shares with a nominal value of CHF 10.00 were entered in the Commercial Register.
HOCHDORF Group is domiciled in Hochdorf in the canton of Lucerne and is one of the leading foodstuff companies in Switzerland. It has two production sites in Switzerland, in Hochdorf (canton Lucerne) and in Sulgen (canton Thurgau), and also one in Medeikiai in Lithuania. HOCHDORF develops, produces and markets functional ingredients as well as milk and grain-based specialties for the food industry and worldwide trade. Made from natural ingredients such as milk and wheat germ, HOCHDORF products have been contributing to our health and wellbeing since 1895 – from babies to senior citizens. The Group's products are sold in approximately 80 countries.
HOCHDORF's strategic goal is to be the "BEST PARTNER" for its clients in the food industry and trading partners and to maximize customer benefits as a foodstuffs manufacturer by offering a wide range of products and specialties.
HOCHDORF Group has three strategic priorities:-
- to expand its leading position in the milk derivatives business in selected markets
- to gain some of the market share of the babycare business in the Asian growth markets using competencies available in Switzerland
- to expand its grain and ingredients business