Emmi Acquires Another US Goats Milk Business
Goat’s milk products are one of the most attractive niche markets in the dairy industry worldwide. Since 2010, Swiss dairy group Emmi has gradually expanded its international goat’s milk network. Three of the four companies it has acquired recently operate in this segment. With the takeover of American family company Jackson-Mitchell, Emmi is investing further in this attractive market.
Emmi entered the goat’s milk product business in August 2010 when it acquired California-based Cypress Grove. The goat’s milk network now comprises a total of five goat’s milk processors abroad (USA: Cypress Grove, Redwood Hill Farm & Creamery; the Netherlands: Bettinehoeve and Goat Milk Powder; Spain: Lácteos Caprinos) as well as trading company AVH dairy, which is also based in the Netherlands but operates on a global scale.
With US family company Jackson-Mitchell, (Meyenberg), the Emmi Group will be joined by a further goat’s milk processor that can be very well integrated into the existing network.
With its 30 employees working at two production sites, Turlock (California) and Yellville (Arkansas), Meyenberg generates annual sales of almost US$30 million. Emmi is acquiring Meyenberg from the owner Jackson and Mitchell families. The parties have agreed not to disclose the purchase price.
