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DGAP-Adhoc: Lindt & Sprüngli expands with its successful retail concept in the Brazilian market

Chocoladefabriken Lindt & Sprüngli AG  / Key word(s): Joint Venture

11.03.2014 07:00

Release of an ad hoc announcement pursuant to Art. 53 KR


Media release

Lindt & Sprüngli expands with its successful retail concept
in the Brazilian market

Kilchberg, March 11, 2014, - Lindt & Sprüngli establishes its first own
subsidiary company in South America - L&S (Brazil) Holding Ltd. Lindt &
Sprüngli Brazil is setting up a joint venture with the CRM Group, the
market leader for Brazilian premium chocolate, who owns retail outlets
under the label "Kopenhagen".

The purpose of the joint venture in which Lindt & Sprüngli will have a
majority interest of 51 % is to make LINDT the leading international
premium chocolate label in Brazil, by establishing the internationally
successful retail concept.

In parallel, cooperation with the long-standing local distributor is to be
continued with a view to marketing LINDT products in the retail trade.
LINDT sales have been substantially increased in recent years; at the same
time, the presence of LINDT products in the retail trade has been steadily

The establishment of the joint venture with the partner CRM Group is to be
understood as a clear indication of Lindt & Sprüngli's long-term commitment
to the world's fifth largest chocolate market and of its intention to
continue to expand into new emerging markets.

About Lindt & Sprüngli: founded more than 165 years ago in Zurich, Lindt &
Sprüngli is the global leader in the premium chocolate sector. Quality
chocolate products by Lindt & Sprüngli are made at eight own production
sites in Europe and the USA. They are distributed by numerous subsidiary
companies and branch establishments and also via a comprehensive network of
independent distributors all over the world. With some 9,000 employees, the
Lindt & Sprüngli Group reported sales worth around CHF 2.88 billion in

Contact: Media
Chocoladefabriken Lindt & Sprüngli AG
Corp. Communications
Tel. +41 44 716 24 56/57/86

Contact: Investor Relations
Chocoladefabriken Lindt & Sprüngli AG
Investor Relations
Tel. +41 44 716 25 37

11.03.2014 News transmitted by EQS Schweiz AG.
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Language:               English
Company:                Chocoladefabriken Lindt & Sprüngli AG
                        Seestrasse 204
                        8802 Kilchberg
Phone:                  + 41 44 716 25 37
Fax:                    + 41 44 716 26 60
ISIN:                   CH0010570759, CH0010570767
Valor:                  1057075, 1057076
Listed:                 SIX

End of Announcement                             EQS Group News-Service


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