Breaking news
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24.11.09 Vorwerk Ventures invests in watchmaker STOWA
Vorwerk Direct Selling Ventures, the corporate venture capital entity of the Vorwerk Group, is financing the future growth of Black Forest watchmaker, STOWA GmbH & Co. KG.
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05.10.09 Vorwerk Ventures invests in Enjo International
Vorwerk Direct Selling Ventures, the corporate venture capital entity of the Vorwerk Group, has acquired a minority shareholding in Austrian direct selling company Enjo International GmbH.
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26.05.09 Vorwerk Reports Growth in 2008 – Strong Position for the Future
Wuppertal, May 2009 – The Vorwerk family enterprise set a new company record in 2008 by generating a total business volume of 2.44 billion euros. Thanks to diversification in its direct sales operations, the high quality of its products and its successful international growth strategy, the direct sales specialist is in a strong position and taking an optimistic view of the future despite the widespread financial crisis.
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02.12.08 Vorwerk Ventures invests in pet food direct selling company „Dinner for Dogs”
Vorwerk Direct Selling Ventures, the corporate venture capital entity of the Vorwerk Group, is funding the growth path of CenturyBiz GmbH which is marketing pet food via direct selling. CenturyBiz GmbH develops and distributes high-quality natural pet food and additional selected products for dogs and cats under the brand names of Dinner for Dogs and Dinner for Cats. The slogan “Frische, wie selbst zubereitet” (home-made freshness) spells out the company’s philosophy and quality standards. Since its inception in 2002, the company has achieved a market-leading position in direct selling of pet food products in Germany. With the Dinner for Dogs brand, the company is set to generate a double digit million sales volume in 2008 and has an annual growth rate of more than 20 percent. With its new partner Vorwerk Ventures, the company aims to expand its market position even further and drive internationalisation. The parties have agreed to keep the details of the investment confidential.
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12.06.08 Vorwerk Group: Annual financial press conference
Vorwerk Enters Its Jubilee Year on a Sound Footing
International business makes a key contribution to the group’s operating result. Innovative products and a personal touch form the basis for continued growth.
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12.03.08 Vorwerk Ventures invests in Ringana
Vorwerk Direct Selling Ventures, the corporate venture capital entity of the Vorwerk Group, is funding the growth path of the Austrian direct-selling company Ringana. Ringana develops, produces and distributes nutritional supplements and fresh organic cosmetics made from natural plant ingredients, and has already worked its way into a leading market position in Austria and Germany. In 2007, Ringana posted revenue in excess of €5 million and a growth rate of more than 40%. With the injection of capital, the company plans to strengthen its market position even further. The parties have agreed to keep the details of the investment confidential.
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05.06.07 Vorwerk Ventures: Venture capital investments in the direct-selling industry
Vorwerk Direct Selling Ventures is an independent investment entity within the Vorwerk Group, investing venture capital in young, innovative direct-selling companies. Vorwerk Ventures’ investment approach combines the dynamic growth of young, innovative companies with the strong financial position and the extensive direct-selling expertise of the Vorwerk Group.
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05.06.07 Vorwerk Group: Annual financial press conference
Family enterprise Vorwerk continues on growth track – Successful product diversification and international expansion
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