Nöm buys Käsewölfe in Austria

Austrian diary group NiederÖsterreich Milch (NÖM) has taken over the insolvent company Erlauftaler Käsewölfe in Wolfpassing. The company will continue operating as a cheese factory.

Käsewölfe went bankrupt in June after just one and a half years with almost €1.7 million in debts. High investments and difficulties on the sales side were the triggers for the failure, the company says.