Agrofert Invests in Modernization of German Bakery Business Lieken
Czech food group Agrofert is investing millions into its German bakery subsidiary, Lieken, as part of a long-term strategy through to 2030. The investment, described as 'triple-digit million-euro,' includes €70m ($81.2m) already approved for capacity expansion at the Wittenberg facility and other production upgrades. The modernization efforts will focus on Lieken's core product segments—toast, sandwich bread, and sliced bread—with new lines and upgraded equipment aimed to improve efficiency, quality, sustainability, and competitiveness in Germany’s retail market. The company emphasized its strong brand presence under Golden Toast and Lieken Urkorn as well as private-label offerings. Lieken joined Agrofert's portfolio in 2013 after being acquired from Barilla. While the firm did not confirm job creation at this stage, it stated that automation and efficient production processes will be central to achieving sustainable growth.
Topics: agriculture capital investment food industry manufacturing expansion