Germany’s Alfred Ritter Buys Us Chocolate Group Creative Natural Products

Credit: Kristi Blokhin/Shutterstock.com

German cocoa shaper Alfred Ritter has bought Creative Natural Products, nan US business down the Chocolove brand. 

The worth of nan transaction has not been disclosed. 

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Alfred Ritter operates in nan US done its section subsidiary for nan Ritter Sport brand, which was group up astatine nan commencement of 2024. 

In a statement, Ralf Hilpüsch, CEO of Ritter Sport USA, said nan takeover was a “decisive measurement successful our ambition to build a beardown and influential beingness successful nan US cocoa market”.  

He added: “Together, our brands are positioned to present greater impact, more choice, and enhanced worth to nan US marketplace than ever before.” 

Creative Natural Products, headquartered successful Boulder, Colorado, will proceed to produce Chocolove products astatine its existing installation successful nan city. 

Alfred Ritter, founded successful 1912, is based in Waldenbuch in confederate Germany.  

It besides runs a 2nd accumulation tract in Breitenbrunn, Austria, alongside subsidiaries successful various overseas markets. 

The German group said the Chocolove brand, now nether nan umbrella of Ritter Sport USA, would person “expanded opportunities, while ensuring continuity” for its customer base, workforce and business partners. 

Timothy Moley, founder and CEO of Creative Natural Products, said: “Ritter Sport shares our heavy committedness to crafting cocoa pinch integrity. Together, we tin scope much consumers, accelerate growth, and further fortify ethical and sustainable practices.” 

In a trading update astatine nan commencement of this year, Alfred Ritter outlined its volition to reflector successful nan US nan advancement it said it has made successful nan UK. 

At nan time, Alfred Ritter said the group had “achieved broad listing successful a demanding market” for illustration Great Britain within a fewer years, and that it had group “similarly eager goals” for nan US. 

It added that it had put successful spot a caller distribution strategy which looked to turn beingness of nan Ritter Sport marque astatine awesome US retailers including Walmart, Kroger and Ahold.  

Its main executive Andreas Ronken past said: “We want to person achieved a starring marketplace position there [US] wrong 5 to six years and beryllium among nan apical five.” 

Alfred Ritter employs astir 1,900 group and reported income of €605m successful 2024.