Generational change at LSH
Fourth family generation to form the new group of shareholders from 2026
Advertisement
After 30 years, Laurens Spethmann Holding AG & Co KG (LSH) is about to undergo a generational change. The two shareholders Jochen and Michael Spethmann will transfer their shares to their three children on January 1, 2026: Sara, Henry and Laurens Spethmann as well as Frederike, Anna and Lasse Spethmann. The new group of shareholders thus consists of them and the previous co-shareholder Laureen Spethmann, sister of Jochen and Michael Spethmann. The family business is thus passing into the fourth generation as planned. The entrepreneurial portfolio, the Management Board and the management of the companies and investments remain unchanged.
"By transferring our shares, we are ensuring the continued existence of LSH as an independent family business. Our children have known the company since their earliest childhood and are well prepared for their work as shareholders," says Michael Spethmann. Jochen Spethmann adds: "Above all, the generational change means a continuation of the continuity from 118 years of company history and thus long-term stability for LSH."
The new shareholders are confident and motivated about the tasks ahead. Anna and Sara Spethmann have been involved in the operational business of Ostfriesische Tee Gesellschaft (OTG), LSH's largest subsidiary, since 2018: "We are proud to be able to continue the family tradition. The future of LSH as an independent family business is important to all of us. It is important to us to further strengthen the corporate culture and expand the close cooperation with our customers and partners," says Sara Spethmann, who is responsible for e-commerce at OTG, among other things. Anna Spethmann, Head of Operations at OTG, adds: "We see the handover as an opportunity to continue LSH's success story and develop innovative solutions for the challenges of the future together with the Supervisory Board, Management Board and employees."
Jochen Spethmann will remain associated with LSH and will actively support the transition. Michael Spethmann will also continue in his role as Chairman of the Supervisory Board in the coming years.
Three decades of constant development
The generational change comes exactly 30 years after the last one. During these three decades, Jochen and Michael Spethmann have significantly shaped and developed the family business. They founded Laurens Spethmann Holding with a Supervisory Board and Management Board and introduced the cornerstone "People make the difference", which still plays a key role in the corporate culture today. Since 1996, turnover has increased from 250 to around 800 million euros and the number of employees has also grown continuously to 1,700. Under their leadership, the Meßmer brand and the product portfolio were also expanded through investments in Nordgetreide (cereals & muesli) and Fruitwork (nuts & dried fruit). Most recently, they set the course for the future with an investment of around 30 million euros in the existing tea plant at the Buchholz site.
Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.
Other news from the department people
