Emmi strengthens the US market: buys two companies

Emmi strengthens activities in the United States: the dairy group Lucerne detects the American Society Cowgirl Creamery Corporation, a company that produces cheese made from organic milk, along with its commercial subsidiary Tomales Bay Foods. The two companies based in California have a total of 96 employees and a turnover of about 20 million dollars a year, Emmi has indicated in a statement today. No financial details of the transaction shall be specified.

The acquisition of both companies is in line with the development strategy internationally. Emmi generates 44% of its sales abroad: one third by exports from Switzerland and two-thirds of the products manufactured locally by subsidiaries Emmi, the statement said. North America is the main international market group.

Urs Riedener, CEO of Emmi, said the two companies complement "advantageously" portfolio cheese specialties. Cypress Grove Chevre and with Redwood Hill, the two companies "will form a powerful dairy production network."

The two companies will continue to operate as separate entities on the market. The founder Sue Conley and Peggy Smith will remain within their company.