FDBusiness.com

Emmi Increases Stake in Mexican Company

 Breaking News

Emmi Increases Stake in Mexican Company

Emmi Increases Stake in Mexican Company
October 25
12:44 2017
Spread the love

Emmi is increasing its stake in Mexideli 2000 Holding from 50% to 51% for an undisclosed sum. It now holds a majority stake in the company, which is Mexico’s leading importer of speciality cheeses. Co-founder Yory Salant remains chief executive and continues to grow the successful company with his management team.

Strengthening its international presence is part of Emmi’s strategy. Some of the desired growth is to be achieved in emerging markets outside Europe – including in Latin America. Mexico is the third anchor in this region alongside Chile and Brazil.

Emmi has owned a stake in Mexideli since the beginning of 2014. Owning a majority stake offers Emmi greater security and underlines its commitment to Mexideli and the Mexican market. Mexideli will be fully consolidated.


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

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

    Subscribe Here



    Advertisements