Emmi acquires 100% of Mittelland Molkerei

Emmi, who already has a 60% stake in Mittelland Molkerei has announced it has acquired 100% after a 40% share package from AZM Verwaltungs.

At the Suhr site, Emmi processes milk into butter, cream and consumer milk (pasteurised and UHT). It has been continuously modernised over the past ten years, and the operational excellence programme has helped it to develop into an efficient and productive facility. By acquiring all of the company’s share capital, Emmi is demonstrating its commitment to Switzerland.

Urs Riedener, CEO of Emmi, says, “The purchase of the 40% share package and the associated complete takeover of Mittelland Molkerei is evidence of Emmi’s clear commitment to Switzerland.”

In Suhr, Emmi generates sales of roughly CHF500 million (€460m) and employs around 350 people. The complete takeover does not affect plant management or the employees of Mittelland Molkerei. Since the company was already integrated into the Emmi Group and is fully consolidated, the acquisition will not impact sales figures either.