Emmi increases stake in Venchiaredo

Emmi has held a stake in Italian fresh cheese specialist Venchiarado since January 2010, and has now increased its holding in the Ramuscello-based company from 10% to 26%. Emmi has been working with Venchiaredo as a minority stakeholder since January 2010, a commercial venture which has seen it take over the sales and marketing operations of the north Italian cooperative. By increasing its stake from 10% to 26%, Emmi will be able to participate even better in the growing fresh cheese market. The more intense collaboration will also allow Emmi to benefit from added synergies along the value chain, notably in the context of the fresh products from Trentinalatte, the company says.