2. Changes in the Consolidation Scope and Non-Controlling Interests


As of December 31, 2023, the liquidation of the subsidiary Lindt & Sprüngli Russia LLC, which belongs to the segment “Europe”, has not been completed yet. CHF 2.1 million of the CHF 3.5 million provisions and accruals which were disclosed as of December 31, 2022, still exist as of December 31, 2023. The liquidation has been completed in February 2024. Refer to note 31 “Events after the Balance Sheet Date” for more information.


In December 2023, Lindt & Sprüngli Supply Chain (Shanghai) Co., Ltd. was founded as a 100% subsidiary of the existing entity Lindt & Sprüngli (China) Ltd. Accordingly, the company was added to the consolidation scope of the Lindt & Sprüngli Group. The purpose of the company is the provision of supply chain services (such as warehousing, co-packing) in connection with the distribution of consumer goods to customers in Asia.

Furthermore, in December 2023, Lindt & Sprüngli (Chile) SpA was founded and added to the consolidation scope. As a 100% subsidiary of Chocoladefabriken Lindt & Sprüngli AG, Lindt & Sprüngli (Chile) SpA serves the purpose to distribute Lindt & Sprüngli products in the Chilean market.

Both subsidiaries belong to the segment “Rest of the World” and do not have a material impact on the consolidated statements of 2023. Based on budgeted figures, the impact on sales and profit of the consolidated statements of 2024 will not be material neither.


In financial year 2023, Lindt & Sprüngli has not completed any mergers.