BayBG Supports the Growth of Wiedemann Candles

Munich — BayBG is provi­ding Wiedemann GmbH of Deggen­dorf with equity capi­tal to support its contin­ued growth. Foun­ded in 1861, the premium candle manu­fac­tu­rer is now in its sixth gene­ra­tion of leader­ship and is one of the few family-run premium candle manu­fac­tu­r­ers still produ­cing in Germany. 

In recent years, Wiedemann has moved into a new produc­tion faci­lity in Deggen­dorf and exten­si­vely moder­ni­zed its manu­fac­tu­ring opera­ti­ons. Today, the company opera­tes a highly effi­ci­ent candle factory with a sustainable and cost-opti­­mi­­zed energy supply. In doing so, Wiedemann has laid the ground­work for its future growth and signi­fi­cantly streng­the­ned its compe­ti­tive position. 

Against the back­drop of growing demand for premium cand­les, the company is now plan­ning its next step toward growth. The equity invest­ment from BayBG provi­des addi­tio­nal finan­cial and opera­tio­nal flexi­bi­lity to support this. 

“By moder­ni­zing our produc­tion faci­li­ties, we have laid an important foun­da­tion for further growth. The addi­tio­nal finan­cing now gives us the flexi­bi­lity to respond to rising demand and drive our contin­ued deve­lo­p­ment,” saysJuliane Wiedemann, CEO of Wiedemann Kerzen.

BayBG is support­ing Wiedemann as a long-term finan­cing part­ner on its path to contin­ued growth.

Wiedemann GmbH, based in Deggen­dorf, has been produ­cing high-quality “Made in Germany” cand­les since 1861. This sixth-gene­ra­­tion family-owned busi­ness combi­nes tradi­tio­nal candle-making with modern, effi­ci­ent produc­tion and focu­ses on the premium segment. — www.kerzen.de

About BayBG

For deca­des, BayBG has been synony­mous with relia­ble equity finan­cing for Bava­rian small and medium-sized enter­pri­ses. With a total invest­ment volume of appro­xi­m­ately 364 million euros, we are among the largest equity inves­tors in Bava­ria. — Our focus is on sustainable growth and long-term part­ner­ships. As an ever­green fund, we invest without exit pres­sure, think entre­pre­neu­ri­ally, and act with a clear goal: to ensure the long-term success of our port­fo­lio companies. 

Whether it’s growth finan­cing, succes­sion plan­ning, capi­tal struc­ture opti­miza­tion, or special corpo­rate situations—we offer flexi­ble, custo­mi­zed invest­ment solu­ti­ons tail­o­red precis­ely to the needs and goals of each company. We draw on our deep under­stan­ding of busi­ness chal­lenges, many years of expe­ri­ence, and a strong network span­ning indus­try, banks, inves­tors, and public insti­tu­ti­ons. — https://baybg.com/