FDBusiness.com

Emmi Increases Focus on the Specialty Cheese Business in the US

 Breaking News
  • Administrators Appointed to Russell Hume KPMG Restructuring has been appointed as administrators to Russell Hume, the UK specialist meat supplier. Headquartered in Derby and operating from six production sites in Liverpool, Birmingham, London, Boroughbridge, Exeter and Fife, the company supplied meat to a number of hotels, restaurants and pubs across the UK. It employed a total of 302 people. Last month, [...]...
  • Heineken Delivers a Solid 2017 Performance Heineken has posted a 5% increase in organic revenue (beia) to €21.91 billion for 2017 with revenue (beia) per hectolitre up by2.1% as consolidated beer volume rose by 3.0% with growth in all regions. Operating profit (beia) grew 9.3% organically during the year, primarily reflecting higher revenue and cost efficiencies. The group’s operating margin improved [...]...
  • Coca-Cola European Partners Reports First Full Year Coca-Cola European Partners has reported a 21% increase in revenue to €11.1 billion – up 3.0% on a comparable and foreign exchange neutral basis – for the full-year ended 31 December 2017. Volume was up 0.5% on a comparable basis. Full-year reported operating profit at €1.3 billion was up 9.0% and by 10.5% on a comparable [...]...
  • New Micronutrient Premix For Target-group-specific Drinks Health is one of the twelve central megatrends identified by the Frankfurt Future Institute’s Food Report 2018. A healthy lifestyle is important to all age groups, and nutrition plays a major role alongside various other components. Using its new premix for healthy bones and heart as an example, SternVitamin shows how beverage manufacturers can address [...]...
  • Lete SpA – A Compact Line of 44,000 bph For Square Bottles Lete is an internationally recognised trademark, thanks to the peculiarity of the naturally sparkling water and also because it is the main sponsor of Napoli Calcio. The collaboration with ACMI dates back more than twenty years and the famous Italian supplier of end-of-lines has always considered Lete SpA to be one of its most prestigious [...]...

Emmi Increases Focus on the Specialty Cheese Business in the US

Emmi Increases Focus on the Specialty Cheese Business in the US
December 03
12:27 2014

Swiss dairy group Emmi is selling its production facility for aseptic dairy products in the US to the Kansas-based KanPak, LLC, a Golden State Foods partnership. As a leader in the development and manufacturing of all aseptic products, KanPak has the ability to grow the production site in Penn Yan at a faster rate, allowing Emmi to dedicate more resources to reinforce its strong US position in the specialty cheese business. The purchase contract has signed on November 28, 2014, and the transaction is set to be completed on December 18, 2014. The parties have agreed not to disclose the purchase price.

In August 2010, Emmi acquired CASP, a contract aseptic and specialty packaging company headquartered in Penn Yan, New York. Emmi then built a state-of-the-art production facility for fresh dairy and aseptic products. The potential of this facility prompted KanPak to enter into discussions with Emmi regarding the purchase of the assets of Emmi Penn Yan.

KanPak is a specialist in the contract manufacturing of aseptic specialty products, meaning that it operates in the core business area of Emmi Penn Yan. By contrast, Emmi has a strong focus on branded dairy consumer goods. In the US, Emmi concentrates in the production of specialty cheeses. Its core business does not include contract manufacturing for third parties. With its focus on contract manufacturing, KanPak will be able to grow the production site of Penn Yan even faster than Emmi, and will therefore prove to be the better owner of this plant. The acquisition of Emmi Penn Yan will allow KanPak to further diversify its US customers, expand production and drive growth.

Emmi Penn Yan generates revenues of US$30 million.

Emmi’s largest international market is the US, where it has recorded solid organic revenue growth for a number of years. Emmi will continue to focus on its specialty cheese activities with Wisconsin based Emmi Roth USA and its award winning cow’s milk cheeses, such as Roth Grand Cru, Buttermilk Blue and Gran Queso as well its cheese imports from Switzerland, such as the Emmi Kaltbach Cave aged cheese line, Emmi cheese fondue and Le Gruyère AOP. Emmi Roth USA operates two production facilities in Platteville and Monroe, Wisconsin and is also the owner of Cypress Grove Chevre, a premium goat’s milk producer based in Arcata, California.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • February 18, 2018Vinisud
  • February 25, 2018fish international
  • February 27, 2018Int'l Food Fair
  • February 27, 2018Warsaw Gastro Show
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements