Fuchs group CEO, Nils Meyer-Pries, said the investment confirms Fuchs’ strategic interest in the Romanian market, secures 250 jobs in Romania on the long term and consolidates the group’s global businesses.

Alex & Comp produces spices and flavors in Galati, under the brands “Alex” and “Casa Condimentelor.” In 2014, the company had an annual turnover of RON10 million in the field of spices.

German spice producer Fuchs owns a factory in Curtea de Arges where it produces spices and spice mixes. With the brands “Fuchs” and “Cosmin,” representing an annual turnover of RON70 million, Fuchs is leader on the Romanian market.