Elsa Group sells Idhéa to French cold sauce specialist GYMA

Elsa Group is selling its Idhéa subsidiary to GYMA, a French company specialising in cold sauces. Idhéa, based in Hochfelden, France, produces cold sauces and spices for the catering trade, the food industry and European supermarkets. In addition, it supplies the Migros supermarkets with a highly appreciated range of products which will continue to be offered after the sale.

"GYMA is the ideal partner for the future development and success of this business," said Matthew Robin, CEO of Elsa Group, commenting on the sale. GYMAis taking over both the production site and the 150 employees.

"We are delighted to be integrating Idhéa's industrial site at Hochfelden in Alsace into the GYMA-COMEXO Alliance.our expertise in sauce recipes and packaging on a long-term basis, thanks to our industrial facilities and their highly qualified staff.

With Idhéa, we are expanding our range of recipes and packaging, which is already very popular with our customers and consumers.

We will continue to innovate in order to satisfy our customers even better and win new markets in Western Europe."says Pierre Helias, CEO and shareholder of GYMA. 

Migros focuses on its core business in Switzerland

The sale of Idhéa is part of the refocusing of the Migros Group on its core business, announced by the company at the beginning of February 2024. The Migros Group focuses on retail (food and non-food), financial services (Migros Bank) and healthcare (Medbase Group). In the retail sector, it wants to convince its customers with attractive prices, top quality, good service and a wide range of products to suit all budgets.

The sale of Idhéa has no impact on Migros' positioning in its sauces product category, which continues to offer a varied range to its loyal customers.

About Idhéa

Idhéa was created in 2013 in Hochfelden (F) from the merger of two companies, La Case aux Épices (1971) and Saveurs et Sauces (1984). For more than 50 years, ldhéa has been developing, manufacturing and packaging sauces and spices for the professional catering trade, the food industry and supermarkets for the Swiss and European markets.

About GYMA

GYMA was founded in 1992. With three industrial sites in France and Germany, backed by solid culinary expertise and a strong customer service culture, GYMA has become the French leader in cold sauces for the catering and food service industry. In 2022, thanks to its strategic alliance with COMEXO and its modern production site, the group established itself as a major and key player in the sauce sector in Western Europe, also operating in the mass retail and co-packing segments.  

About Elsa Group

Elsa Group is one of the leading industrial groups in the Swiss dairy industry and part of the Migros Group (Migros Industrie). An expert in the manufacture and packaging of dairy products and the maturing and processing of cheeses, the Elsa Group comprises 8 sites in Switzerland working in a network.