Emmi Strengthens Position in Swiss Cheese
June 15
16:27
2010
Emmi has consolidated its position within the Swiss cheese market following approval of its proposed acquisition of Fromalp by the competition authority. Fromalp, which specialises in the manufacture and distribution of typical Swiss cheese products, employed 150 people in 2009 and generated sales of approximately SFr100m (Eur70m), with exports accounting for 40%.
Emmi expects that the integration of the Fromalp business will increase efficiency and reduce costs. This will give Emmi greater financial leeway to strengthen its standing within the liberalised domestic cheese market and to boost its sales abroad.
