Emmi acquires majority stake in Austrian milk processor Leeb Biomilch

EUROPE – The Swiss dairy company, Emmi has acquired 66% stake in Austrian goat’s and sheep’s milk processor Leeb Biomilch GmbH for an undisclosed sum. Emmi says the move will enable expand its international dairy business supported by rising demand for goat, sheep milk and related products. As part of the agreement, the company co-founders…

Emmi sales increase by 2.8% as organic growth hit a four-year high

SWITZERLAND - Swiss milk processor and dairy products company, Emmi has reported 2.8% rise in group sales to US$3.45 billion in the year 2018 with organic growth 2.3% organic growth, the highest increase since 2014. The America’s business division, which contributed to 30.2 % of group sales led the growth trajectory, recording 10% increase in sales…

Emmi sells trading and supply arm Frisch-Service to Transgourmet Group

SWITZERLAND – The Swiss dairy processor, Emmi has agreed to sell its trading and supply company Emmi Frisch-Service AG to Transgourmet Group, Europe's second-largest cash & carry and wholesale company for undisclosed sum. According to Emmi, the logistics company was facing steady competition and cost pressure as a result of changes to customer needs in…

Emmi increases stake in Emmi Ambrosi France from 51% to 85%

FRANCE – Emmi, a Swiss milk processor and dairy products company, has increased its stake in Emmi Ambrosi France, a packaged cheese joint venture in France, from 51% to 85%. According to FoodBev, the business was founded in 2008 following a collaboration between Emmi and Italian cheese specialist Ambrosi, as the companies aimed to offer…

Emmi to cut its global CO2 emissions by 25% by 2020

SWITZERLAND - Emmi Group, the Swiss milk processor and dairy products company aims to reduce its global CO₂ emissions by 25% by 2020 as it benefits from the progress of its Swiss subsidiary Mittelland Molkerei. Emmi acquired the remaining 40% share in the Swiss dairy Mittelland Molkerei from the investment firm of the Mittelland Milk…

Emmi increases stake in Tunisian dairy for an undisclosed price

TUNISIA – Swiss dairy giant Emmi’s subsidiary Kaiku, has plans to increase its stake in Tunisian No.2 dairy Centrale Laitière de Mahdia SA (Vitalait), from 45.4 % to 54.7 %, to tap into the rising demand for dairy products in the Maghreb country. Based in Mahdia in Tunisia, Emmi currently holds 73.4 % of shares in Kaiku. In…

Emmi launches premium mousse to meet sensible indulgence trends

SWITZERLAND – Dairy company Emmi has unveiled a new range of mousse desserts - Ooola desserts - in response to the on-going trend for sensible indulgence and time-saving convenience products. According to Emmi, Ooola Secrets are perfectly in line with the healthier health benefits as it’s in 60-gram portion size, with less than 90 calories.…