FELFEL takes over Snäx

Zurich, December 1, 2022 - As of December 12, FELFEL will acquire direct competitor Snäx. The startup, founded in 2019, will be integrated organizationally into FELFEL AG. With the acquisition, FELFEL strengthens its position as market leader in employee catering and continues to drive its rapid growth.

Snäx has successfully established itself in the market since its founding three years ago and has built up a large customer base in German-speaking Switzerland. The startup was founded in 2019 by Sparrow Ventures. Lida Ahmadi, CEO and Co-Founder of Snäx is delighted and says: "We are very pleased that the exit of Snäx could be successfully completed. We are convinced that we have found the ideal buyer in FELFEL because we not only share the same vision, but also have confidence in the team at FELFEL that they will best represent the interests of our employees and customers."

FELFEL was founded in 2014, serves 800 customers across Switzerland and now employs 120 people - a large proportion of whom work in culinary development, technology and data analysis. In addition to its focus on fresh meals at the workplace, FELFEL also has its own coffee brand tailored to offices, Gavetti .

"In order to be able to meet the high quality requirements despite the complex market conditions, reaching a critical size is essential," explains Anna Grassler Co-CEO of FELFEL. "We have been following the developments of Snäx since its foundation and are convinced that the young company is not only an ideal addition for us, but can also be seamlessly integrated into FELFEL . We look forward to this challenge and to welcoming new customers and team members to our family."

About FELFEL

FELFEL is revolutionising how Switzerland eats at work. Founded in 2014 by Zurich couple Emanuel and Daniela Steiner, the family-owned company now supplies over 500 companies throughout Switzerland with intelligent FELFEL fridges. This enables almost 100,000 employees to enjoy delicious, varied meals and snacks produced in-house and in cooperation with small family businesses.

Driven by the vision of freeing offices from mediocre food and bringing people together during breaks, FELFEL AG today employs over 90 people at two locations in Zurich and Lausanne. The innovative company concept and the two founders have received various awards, including the Swiss Economic Forum Award (2016) and the EY Entrepreneur of the Year Award (2018), and was awarded the label 'SEF. High Potential'.

Contact

FELFEL AG
Jessica Lok
pr@felfel.ch