Paulig has completed the sale of its business in Russia

Following the earlier announcement to withdraw from Russia, Paulig has completed the sale of Paulig’s operations in Russia. 

The transaction comprises the sale of the shares in Paulig Rus LLC to the private investor Mr Vikas Soi. Thereby the Paulig operations in Russia including the coffee roastery in Tver and Paulig´s 200 employees will transfer to the new owner. The Paulig brands and recipes are not included in the sale. The value of the transaction is not disclosed. 

“Due to Russia’s attack on Ukraine and changes in geopolitical situation, we concluded that continuing business in Russia was no longer responsible nor viable and initiated a withdrawal process. Considering our employees, customers and local legislation, the sale of the business was the best solution for the exit”, says Rolf Ladau, CEO of Paulig. 

The Paulig brand will be phased out in Russia during the next months. Green coffee supplies from Paulig to the new owner will continue for a transition period of maximum three months. 

Russia accounted for less than 5% of the company’s revenue in 2021 and as such does not have a significant impact on Paulig’s outlook for the rest of its businesses. 

For further information, please contact:
communications@paulig.com

About Paulig 
Paulig is a family-owned food and beverage company, growing a new, sustainable food culture – one that is good for both people and the planet. Paulig provides all things tasty; coffees and beverages, Tex Mex and spices, snacks and plant-based choices. The company's brands are Paulig, Santa Maria, Risenta, Poco Loco and Liven. Paulig’s sales amounted to EUR 966 million in 2021. The company has about 2,000 passionate employees in 13 different countries working around the purpose For a life full of flavour. 
www.pauliggroup.com