Karl Schmidt
Karl Schmidt operates bakeries in the fourth generation, with branches in the German region of Ostwestfalen-Lippe. The company has a central production and distributes its products through its own branches.
Business Model
With around 600 employees and 70 branches, Karl Schmidt has established itself as a regional market leader through artisan baking combined with modern processes, and has continuously developed through innovative products and sales concepts.
Investment rationale of Odewald KMU
Karl Schmidt has achieved a sustainably strong market position through high-quality bread and bakery products combined with high raw material standards, innovative production processes, an efficient value chain, and an attractive branch network. Based on these success factors, Odewald KMU intends to further expand its strong market position, in particular, by opening new branches in the coming years as part of a succession plan. In addition, as a high-quality bakery, the company can play an active role in the ongoing consolidation of the bakery market in the region.
- Sector:Bakery Chain
Other - Number of employees:600
- Date of investment:2017
- Fund:KMU II
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Contact persons at Odewald KMU:
Igor Golubov
Joachim von Ribbentrop
- www.baeckerei-schmidt.de