- Little Lunch is an on line retail outlet that sells all set-created organic soups and sauces.
- Its traders integrated two users from “Die Höhle der Löwen,” the German model of “Dragons’ Den.”
- In 2020, Allos Hof-Manufaktur, section of the Ecotone team, obtained 100% of the small business.
This is an edited, translated version of an report that at first appeared on May possibly 2, 2022.
In 2015, brothers Denis and Daniel Gibisch presented their organization, Minimal Lunch — an online store that sells ready-designed soups and sauces — on the Television present “Die Höhle der Löwen,” the German model of the truth investment decision clearly show “Dragons’ Den.”
The brothers managed to get two of the show’s investors — Frank Thelen and Judith Williams — to devote. They invested a combined 150,000 euros for a 30% stake in the business.
In the several years that adopted, the startup from Augsburg, Germany, grew into a million-greenback corporation.
Denis mentioned that Thelen was invaluable in helping them create the corporation. He showed them how to establish a very good online shop and introduced them to vital contacts in food retailing that aided get the ready-manufactured soups into supermarkets, Denis mentioned.
Williams, a Tv set entrepreneur, then promoted the goods on tv, the brothers said, encouraging Little Lunch develop into a properly-recognised brand throughout Germany.
In October 2020, the Gibisch brothers introduced they ended up selling 100% of the company to the organic food producer Allos Hof-Manufaktur, which is component of the Ecotone team. The Gibisch brothers said they held just underneath 50% of the shares in their corporation, prior to their exit.
Daniel advised the Insider podcast “So geht Startup” that the business had been seeking for a purchaser for two yrs.
Insider has an exceptional copy of the 15-slide pitch deck that the founders applied to sell their firm.