FDBusiness.com

Emmi Strengthens Cheese Business

 Breaking News

Emmi Strengthens Cheese Business

Emmi Strengthens Cheese Business
July 07
14:12 2011

Swiss dairy group Emmi is purchasing Rutz Kase, which specialises in the production, ageing and pre-packaging of Swiss semi-hard and hard cheese, for an undisclosed price. Rutz Kase expects to generate sales of SFr40m (Eur33m) in 2011, with around 60% generated in Switzerland and 40% from its international business.

The deal is subject to approval from the Swiss competition authority. The acquisition will reinforce Emmi’s position as the leading cheese supplier in Switzerland and as an exporter of Swiss cheese, and is in line with the company’s growth strategy.

“The international business of Rutz Käse AG takes us a further step forward in securing our position in the highly competitive cheese business and in better marketing Swiss cheese abroad,” says Urs Riedener, chief executive of Emmi.


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

About Author

colin

colin

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

[eventlist]

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements