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Emmi Increases Stake in Venchiaredo

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Emmi Increases Stake in Venchiaredo

Emmi Increases Stake in Venchiaredo
August 15
08:43 2012

Swiss dairy group Emmi has increased its stake in Italian fresh cheese specialist Venchiarado 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 Ramuscello-based, north Italian co-operative.

By increasing its stake from 10% to 26%, Emmi will be able to participate even more effectively in the growing fresh cheese market. The closer collaboration will also allow Emmi to benefit from added synergies along the value chain, notably in the context of the fresh products from Trentinalatte.

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