Orthomol

Orthomol Holding GmbH
Company typePrivate Company (GmbH)
IndustryHealthcare
Founded1991; 34 years ago (1991) in Langenfeld, North Rhine-Westphalia, Germany
FounderKristian Glagau
Headquarters
Langenfeld
,
Germany
Area served
Worldwide
Key people
Productsover-the-counter micronutrient combinations (orthomolecular medicine)
RevenueIncrease 153.57 million[1] (2022)
Number of employees
Increase 495[2] (2022)
Websitewww.orthomol.com/en

Orthomol (full name: Orthomol pharmazeutische Vertriebs GmbH) is a family business based in Langenfeld, North Rhine-Westphalia, Germany.[3] It was founded by Kristian Glagau in 1991 and is now managed by his son Nils together with Michael Schmidt.[4][5] Orthomol is active in the production of over-the-counter micronutrient supplements.[6][7] The company is market leader in Germany in the field of so-called orthomolecular medicine.[8] The effect of such supplements is a controversial subject.[9]

In the fiscal year 2022, Orthomol achieved a revenue of €153.57 million.[1]

History

Foundation and beginnings

In the late 1980s, Kristian Glagau, who had previously worked in marketing at Fresenius, developed the idea of distributing orthomolecular products in Germany after Nobel Prize winner Linus Pauling began using combined vitamin, mineral, and trace element formulation for disease prevention in the United States in 1968.[10] In order to bring orthomolecular medicine to Germany and Europe, Glagau and Hans Dietl founded Orthomol in 1991.[11]

Expansion

The company soon grew to about 100 employees.[12][13] Alongside its activities in the German market, the company expanded in Europe, the United States, as well as the Middle East and Asia.[14][15]

In 2009, the founder and Managing Director of Orthomol, Kristian Glagau, passed away.[16] The company remained in family hands and was managed by Glagau's two children together with Michael Schmidt, who had already been Managing Director before Glagau's death.[17] Although most aspects of the Orthomol business strategy remained unchanged, the product range was expanded.[18]

In 2013, Orthomol acquired a recreational area near its headquarters in Langenfeld.[19]

In 2014, Nils Glagau and Michael Schmidt remained as managers of the company. They increased the revenue in 2020 to nearly €130 million.[20]

In 2019, Orthomol commenced the construction of a new production building covering an area of 7,000 square metres on the site acquired in 2013.[19] At the end of 2022, the company began to expand the building by adding eight additional production lines over an area of more than 3,000 square metres.[21]

Recent developments

In February 2024, Orthomol started the construction of a logistics centre in Leverkusen, which is intended to be used for the distribution and shipping of Orthomol products.[22]

Group structure

The parent company of the business is Orthomol Holding, a Gesellschaft mit beschränkter Haftung under German law. Its purpose includes the acquisition, establishment, sale, management, and holding of investments, as well as the management of companies involved in the production and distribution of pharmaceutical products. Orthomol Holding forms a corporate group with its German and international subsidiaries.[23]

The managing directors are Nils Glagau (Marketing and Sales) and Michael Schmidt (Purchasing, Production, Logistics, and Technology).[2] The ownership structure of the group consists of two separate families, those of the founders Nils Glagau and Gesche Hugger.[24]

The group is often cited as an example of employer branding,[25][26][27] particularly due to measures aimed at reconciling family and work life and the above-average support for trainees.[28] Furthermore, company-owned fitness studios and sports halls have been established at the headquarters.[29]

Products

The product range of Orthomol includes indication-specific dietary supplements that address a wide spectrum of users.[30][31] Orthomol offers granules, capsules, and drink bottles for patients with osteoarthritis, rheumatism, and tinnitus, as well as for pregnant women and athletes,[30] along with products aimed at strengthening the immune system.[32]

The company sells its products in over 30 countries.[33]

Public reception

In 2002, Der Spiegel criticized Orthomol for promoting products without any medical evidence related to cancer treatment.[34] Der Tagesspiegel pointed out that dietary supplements primarily benefit manufacturers and cited the Arznei-Telegramm, which advised against orthomolecular medicine products.[35]

According to Peter Sawicki in a 2014 Spiegel Online article, Orthomol Immun (Orthomol's best-known product)[30] "has no proven effect on disease prevention, either as a single substance or in combination".[36] In 2016, Deutsche Apothekerzeitung reported that over-the-counter immune stimulants, including Orthomol Immun Pro, were rated "insufficient" by the consumer magazine Öko-Test.[37]

According to a survey conducted by SMR Social and Market Research Institute in Frankfurt among Orthomol users in 2011, 84% of consumers were convinced of the effectiveness of their Orthomol product. 47% reported taking Orthomol products on explicit recommendation from their doctor, while another 20% were prompted by their pharmacist's recommendation.[38][39] In a 2018 survey involving 3,000 doctors, 96% expressed high to very high satisfaction with Orthomol Immun and Orthomol Vital. Additionally, 22% of doctors had integrated Orthomol Immun into their therapy recommendations for 15 to 25 years, while 17% had been recommending Orthomol Vital to their patients for the same duration.[40]

Sport sponsoring

Since 2016, Orthomol has been the supplier of dietary supplements for the German Ice Hockey Federation and the German national ice hockey teams. As part of this commitment, all DEB teams are provided with supplements from the Orthomol Sport range throughout the year.[41]

In the 2017/18 season, the company served as the main sponsor of the second-division football club Fortuna Düsseldorf.[42] Handelsblatt referred to it as a "coup" that brought significant attention to Orthomol.[43] After the club's promotion to the Bundesliga, the collaboration was terminated;[44] however, from 2019 to 2022, Orthomol was again a nutrition partner of the club.[45] Additionally, the company is a nutrition partner of the German Tennis Federation (DTB) in the area of youth development. The partnership includes the year-round provision of Orthomol Sport products for selected players from the DTB squad, as well as the equipment of the DTB coaching staff. Additionally, the organization of anti-doping informational events is part of the partnership package.[46][47]

Starting from the 2020/21 season, Orthomol was the main sponsor of second-division club Hamburger SV for two years, which included jersey advertising for the professional team.[48][49] At the 2022 Basketball European Championship, Orthomol acted as an event sponsor.[50]

The company also sponsored the newly-founded soccer league Baller League, which took place for the first time in January 2024.[51] Since January 2024, Orthomol has been a nutrition partner of the Volleyball Bundesliga.[52] Since summer 2024, it has been the jersey sponsor of Bayer Giants Leverkusen.[53]

Together with presenter Laura Wontorra, Glagau leads the team of Wontorriors, a team in the small-field league The Icon League, organized by Toni Kroos and streamer Elias Nerlich.[54]

References

  1. ^ a b Ahrens, Sandra (2024-11-20). "Umsatz der Orthomol Holding GmbH in Deutschland in den Jahren 2015 bis 2022". Statista. Retrieved 2024-12-12.
  2. ^ a b "Orthomol Holding GmbH, Konzernabschluss zum Geschäftsjahr vom 1.1.2022 zum 31.12 2022", published in the Business Register System on 2023-03-30.
  3. ^ "Orthomol pharmazeutische Vertriebs GmbH, Langenfeld (Rheinland)". North Data. Retrieved 2024-12-12.
  4. ^ "Der neue Löwe aus Langenfeld". Rheinische Post. 2018-12-11.
  5. ^ "Nils Glagau bei "Die Höhle der Löwen" 2024: Der Unternehmer, Hobbysportler und Investor im Portrait". Augsburger Allgemeine. 2024-10-21. Retrieved 2024-12-12.
  6. ^ Daniel Bakir (2019-09-05). "Ein Besuch bei Orthomol: So funktioniert das Pillenimperium des neuen Löwen. Reportage der Woche". Stern (in German). Retrieved 2024-12-12.
  7. ^ "Orthomolekulare Konkurrenz". Apotheke Adhoc (in German). 2013-07-17. Retrieved 2024-12-12.
  8. ^ Müller, Alexander (2013-07-17). "Orthomolekulare Konkurrenz". Apotheke Adhoc. Retrieved 2024-12-12.
  9. ^ "Doping und Dampfbad für die kalte Jahreszeit". Der Tagesspiegel. 2003-02-02.
  10. ^ Carolin Bauer (2016-03-24). "Am Anfang war die Orthomol-Garage". Apotheke Adhoc. Retrieved 2024-12-12.
  11. ^ Busch, Anna (2011-06-08). "Aus der Garage in die Welt". Westdeutsche Zeitung.
  12. ^ "Kleiner Anfang, großer Zuwachs". Rheinische Post. 2006-05-25.
  13. ^ "Maßgeschneiderte Mikronährstoffe". Rheinische Post. 2006-05-25.
  14. ^ "Vitamine für Peking und Schanghai". Rheinische Post. 2004-01-16.
  15. ^ Mayer-Kuckuk, Finn: (2003-03-15). "Auf der Suche nach deutschen Spurenelementen". Handelsblatt.
  16. ^ "Orthomol-Gründer Kristian Glagau ist tot". Westdeutsche Zeitung. 2009-09-12.
  17. ^ "Orthomol regelt Nachfolge". Rheinische Post. 2009-11-27.
  18. ^ Balzter, Sebastian (2012-08-20). "Wir bleiben Ärzten und Apothekern treu". Frankfurter Allgemeine Zeitung. Retrieved 2024-12-12.
  19. ^ a b Segovia Buendía, Cristina (2019-06-26). "Orthomol hat nun mehr Platz für die Produktion". Westdeutsche Zeitung. Retrieved 2024-12-12.
  20. ^ "Orthomol Holding GmbH, Langenfeld (Rheinland)". North Data. Retrieved 2024-12-12.
  21. ^ Heuer, Dirk (2022-12-01): Orthomol in Langenfeld wächst weiter. Unternehmen sucht Personal und Land. Rheinische Post.
  22. ^ "Orthomol erweitert Logistik in Leverkusen". Rheinische Post. 2024-02-03. Retrieved 2024-12-14.
  23. ^ "Orthomol Holding GmbH, Langenfeld (Rheinland)". North Data. Retrieved 2024-12-14.
  24. ^ Schüller, Thorsten (2024-09-04). "Verkaufspläne für Orthomol – eine Milliarde Euro als Zielpreis". DAZ.online. Retrieved 2024-12-14.
  25. ^ de Paoli, Nicoloa (2007-12-11): "Der ausgezeichnete Arbeitgeber". Financial Times Deutschland.
  26. ^ Ahr, Nadine (2011-07-02). "Der Arbeitgeber als Marke". Die Welt. Retrieved 2024-12-14.
  27. ^ "Deutschlands wertvollste Arbeitgeber für das Gemeinwohl". Wirtschaftswoche. 2019-08-27. Retrieved 2024-12-14.
  28. ^ Artz, Kerstin (2012-03-13): "Kinder und Beruf vereinbaren". Rheinische Post.
  29. ^ Mönikes, Monika (2011-06-17): "Mit Kollegen in den Kraftraum". Rheinische Post.
  30. ^ a b c Dietrich, Benjamin (2012-05-04): "Der Stoff für alle Lebenslagen. In Sachen Mineralien und Nährstoffe ist das Unternehmen Orthomol aus Langenfeld Spezialist". Westdeutsche Zeitung.
  31. ^ "Das Produktsortiment ist breitgefächert". Ärzte-Zeitung. 2011-09-30.
  32. ^ Hollstein, Patrick (2022-10-27). "Orthomol & Co.: EuGH rasiert Freiwahl". Apotheke Adhoc. Retrieved 2024-12-14.
  33. ^ Spies, Herbert (2021-09-17). "Orthomol liefert von Langenfeld in die Welt". Rheinische Post. Retrieved 2024-12-15.
  34. ^ Georgescu, Vlad (2002-12-19). "Das Geschäft mit den Möchtegern-Medikamenten". Der Spiegel. Retrieved 2024-12-14.
  35. ^ de Ridder, Michael (2019-04-28): "Gesundheit per Pille? Schöner, fitter, schlauer. Für alles gibt es Präparate. Die Wundermittel helfen aber vor allem den Herstellern". Der Tagesspiegel.
  36. ^ Kuhrt, Nicola (2014-10-27). "Was die Abwehrkräfte wirklich stärkt". Der Spiegel. Retrieved 2024-12-14.
  37. ^ Borsch, Julia (2016-10-27). "Rezeptfreie Immunstimulanzien fallen durch". DAZ.online. Retrieved 2024-12-14.
  38. ^ "Anwender schätzen Qualität und Wirksamkeit". Ärzte Zeitung. 2011-09-30.
  39. ^ "Orthomol – Studie bestätigt: Patienten schätzen die Produkte". Arzt & Wirtschaft. 2011-09-28
  40. ^ "Ärzte empfehlen Mikronährstoffe". Ärzte Zeitung. 2018-01-29.
  41. ^ "Orthomol Sport und der Deutsche Eishockey-Bund e. V. verlängern Partnerschaft". German Ice Hockey Federation. 2023-05-16. Retrieved 2024-12-15.
  42. ^ "Orthomol ist neuer Hauptsponsor der Fortuna". Rheinische Post. 2017-06-24. Retrieved 2024-12-15.
  43. ^ Nohn, Corinna (2018-04-26). "Orthomol-Chef Nils Glagaus Coup mit dem Sponsoring von Fortuna Düsseldorf". Handelsblatt. Retrieved 2024-12-15.
  44. ^ "Orthomol und Fortuna gehen auseinander". Rheinische Post. 2018-05-24.
  45. ^ "Fortuna Düsseldorf: Langenfelder Familienunternehmen Orthomol wird Ernährungspartner". Westdeutsche Zeitung. 2019-10-11. Retrieved 2024-12-15.
  46. ^ "Deutscher Tennis Bund und Orthomol Sport verlängern Partnerschaft bis 2023". German Tennis Federation. 2020-10-30. Retrieved 2024-12-15.
  47. ^ "Vertragsverlängerung zwischen DTB und Orthomol: Partnerschaft bis 2026 ausgebaut". German Tennis Federation. 2024-03-05. Retrieved 2024-12-15.
  48. ^ "Orthomol neuer Hauptsponsor des HSV". Hamburger SV. 2020-09-11. Retrieved 2024-12-15.
  49. ^ "Neuer Hauptsponsor für den HSV". Kicker. 2022-03-22. Retrieved 2024-12-15.
  50. ^ "Offzieller Event-Sponsor: Orthomol macht bei der Eurobasket mit". German Basketball Federation. 2024. Retrieved 2014-12-15.
  51. ^ "5G-Bodycams und "Gamechanger"-Glücksrad: Die Baller League im Business-Check". Kicker. 2024-01-22. Retrieved 2024-12-15.
  52. ^ Dörfler, Josephine (2024-01-30). "Orthomol und Volleyball Bundesliga vereinbaren Kooperation". Deutsche Volleyball-Bundesliga. Retrieved 2024-12-15.
  53. ^ "Orthomol neuer Giants-Trikotsponsor". Giants Leverkusen. 2024-07-10. Retrieved 2024-12-15.
  54. ^ Florian, Rinke (2024-10-20). "Umsatz verdoppelt: Wie Nils Glagau aus Orthomol ein Schwergewicht der Supplement-Industrie geformt hat". OMR. Retrieved 2024-12-15.

 

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