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Lindt & Sprüngli

Chocoladefabriken Lindt & Sprüngli AG
Aktiengesellschaft
Traded as SIXLISN
SIXLISP
Industry Confectionery
Founded 1845
Founder David Sprüngli-Schwarz
Rudolf Sprüngli-Ammann
Headquarters Kilchberg, Switzerland
Key people
Ernst Tanner (Chairman)
Dieter Weisskopf (CEO)
Products Chocolate, confectionery, ice cream
Revenue 3.65 billion CHF (2015)
Profit Increase 381 million CHF (2015)
Number of employees
13,180 (2015)
Subsidiaries Ghirardelli
Russell Stover Candies
Caffarel
Hofbauer
Küfferle
Website www.lindt.ch
www.lindt-spruengli.com/investors/

Lindt & Sprüngli AG, more commonly known as Lindt, is a Swiss chocolatier and confectionery company founded in 1845 and known for their chocolate truffles and chocolate bars, among other sweets.

The origins of the company date back to 1836, when David Sprüngli-Schwarz and his son Rudolf Sprüngli-Ammann bought a small confectionery shop in the old town of Zürich, producing chocolates under the name David Sprüngli & Son. Two years later, a small factory was added that produced chocolate in solid form. In 1845 they moved to the Paradeplatz.

With the retirement of Rudolf Sprüngli-Ammann in 1892, the business was divided between his two sons. The younger brother David Robert received two confectionery stores that became known under the name Confiserie Sprüngli. The elder brother Johann Rudolf received the chocolate factory. To raise the necessary finance for his expansion plans, Johann Rudolf converted in 1899 his private company into "Chocolat Sprüngli AG". In that same year, he acquired the chocolate factory of Rodolphe Lindt in Bern and the company changed its name to Aktiengesellschaft Vereinigte Berner und Züricher Chocoladefabriken Lindt & Sprüngli (United Bern and Zurich Lindt & Sprungli Chocolate Factory Ltd.).

In 1994, Lindt & Sprüngli acquired the Austrian chocolatier, Hofbauer Österreich, and integrated it, along with its Küfferle brand, into the company. In 1997 and 1998, respectively, the company acquired the Italian chocolatier Caffarel and the American chocolatier Ghirardelli and integrated both of them into the company as wholly owned subsidiaries. Since then, Lindt & Sprüngli has expanded the once-regional Ghirardelli to the international market.

On 17 March 2009 Lindt announced the closure of 50 of its 80 retail boutiques in the United States because of weaker demand in the wake of the late-2000s recession.


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