Hochdorf buys majority in supplier
Hochdorf Swiss Nutrition is significantly increasing production of baby food at its Sulgen site over the next few years. This creates a greater need for reliable, regular milk deliveries.
Therefore Hochdorf Holding is buying into Thur Milch Ring, with a majority of around 56%. Hochdorf and Thur Milch Ring have been working together since 2003. Hochdorf Holding has been holding a 17.65% stake in Thur Milch Ring for a long time.
The transaction volume for the majority stake is less than CHF 100,000. The completion of the transaction is scheduled for 15 January 2019.
