Since 1958, Kaegi Soehne AG of Toggenburg, Switzerland, has been producing one of the best-known Swiss wafer specialties, Kaegi fret. Founded 75 years ago by Otto Kaegi, the company began as a manufacturer of a variety of biscuit products and in 1958 introduced the milk chocolate-coated wafer that has now become a Swiss institution. Today Kaegi employs more than 80 associates and produces more than 3,000 tons of wafers and biscuits annually. Over the years, the company has expanded into new markets too, with exports now accounting for 40% of its overall production.
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