Emmi Acquires Stake in German Organic Dairy Company
Swiss dairy group Emmi, through its organic products subsidiary Molkerei Biedermann, is entering into a strategic partnership with German organic dairy Glaserne Molkerei, by acquiring a 24% stake in the company. Glaserne Molkerei is a leading organic milk processor in North East Germany, with a premium range of milk, cheese, yogurt and other dairy products. This partnership will significantly increase Emmi’s expertise in the area of organic products.
Emmi is the largest processor of organic milk in Switzerland. Its subsidiary, Molkerei Biedermann has been a pioneer in the manufacture of organic dairy products and exports products to the German specialist organic retail trade. This strategic partnership will enable Emmi to consolidate its position in Germany, a key market, and become more involved in the growing market for organic products, including via exports from Switzerland.
Glaserne Molkerei, which was founded in 2001, generates sales of more than Eur80 million at its sites in Munchehofe (Glaserne Molkerei) and Dechow (Glaserne Meierei).
