Emmi

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M&A Watch: Emmi shareholders should consider sale

The recent sale of Italian unit Trentinalatte confirms growth through acquisition is not something Emmi is always successful at. Would, Stef...

Emmi scales back in Italy's sour dairy market

Emmi's move to sell Italian yoghurt business Trentinalatte, announced this morning (6 October), was the latest example of the challenges fac...


Emmi focuses on international with Swiss buy

Katy Askew | 10 Apr 2013

Emmi announced yesterday (9 April) it has acquired Swiss speciality cheese maker Käserei Studer. While the majority of Käserei Studer's sales are generated domestically, the move should nevertheless be viewed in the context of Emmi's drive to expand internationally, Katy Askew suggests.


2013 outlook: Mega deals unlikely

Chris Mercer | 31 Jan 2013

There may be caution over the prospect for blockbuster deals in a dilapidated economic environment, but the food sector mergers and acquisitions table still has plenty to whet the appetite.


Emmi continues steady churn of M&A

Chris Mercer | 8 Jan 2013

Emmi has continued to see its share price rise after another acquisition deal to improve the Swiss dairy giant's presence in key international markets.


Comment: Emmi looks further afield for growth

Katy Askew | 10 Jul 2012

Swiss dairy group Emmi is investing in building its presence overseas by upping its stake in two European dairy firms - France's Diprola and Kaiku. Emmi wants to reduce its dependence on the stagnant Swiss dairy market and the deals will strengthen its position in key European markets as well as developing its footprint in fast-growing emerging markets, notably in Latin America.

Latest Interviews

Update: Emmi ready for more international M&A

Dean Best | 27 Mar 2013

Emmi is preparing to make more international acquisitions as it looks to generate 50% of its sales from overseas, the Swiss dairy group told just-food today (27 March).


just the answer - Matthias Kunz, Emmi

Dean Best | 6 Nov 2012

Swiss dairy group Emmi has this year pressed on with its plans to expand overseas and rely less on a stagnant domestic sector. At the SIAL 2012 industry expo in Paris, Dean Best met Matthias Kunz, head of Emmi's international business, to discuss the company's latest investments, including its decision to take a majority stake in Spanish dairy Kaiku.

Latest News

Charges hit Emmi FY earnings

Katy Askew | 24 Mar 2015

Emmi booked a drop in full-year earnings today (24 March) as one-time charges hit the bottom line. On an adjusted basis, however, the Swiss dairy stressed 2014 profits were up on 2013.


Emmi 2014 sales up but analyst concern over 2015

Katy Askew | 5 Feb 2015

Swiss dairy firm Emmi said organic growth across all of its divisions highlighted that product initiatives in Switzerland are paying off - but analysts flagged concerns over the group's exposure to international and the drag that currency exchange is likely to represent moving into 2015.


Emmi latest to target protein trend with YoQua

Dean Best | 16 Jan 2015

Emmi has launched YoQua, a yoghurt also containing quark, in Switzerland in a bid to tap into consumer interest in protein.


Emmi buys cheese business of Canada's JL Freeman

Katy Askew | 12 Jan 2015

Emmi has taken full control of Canadian importer JL Freeman's cheese business in a move the Swiss dairy said enhances its position in North America and secures market access.


UPDATE: Emmi, Bongrain JV "lost significance"

Katy Askew | 23 Dec 2014

The joint venture between Swiss dairy group Emmi and French milk processor Bongrain was dissolved because it "become steadily less significant", internal company documents have revealed.


Emmi acquires Bongrain's stake in EFON

Katy Askew | 23 Dec 2014

Swiss dairy group Emmi has bought out French milk processor Bongrain from Emmi Fondue (EFON), the joint venture operation in which Bongrain held a minority stake.


Emmi sells US aseptic dairy facility

Katy Askew | 1 Dec 2014

Swiss dairy group Emmi has sold its US production facility for aseptic dairy products to KanPak as it focuses in on its specialty cheese business in the market.


Editor's choice: highlights on just-food last week

Dean Best | 20 Oct 2014

Nestle came under investor scrutiny last week after its sales missed analyst expectations - with China a central factor. Elsewhere, we looked at the international strategy of one of China's largest food makers - Bright Food - in the wake of its acquisition of Italian olive oil firm Salov. And we spoke to the president of US investment firm BBX Capital after six acquisitions in the US confectionery sector in a year.


Editor's choice: highlights on just-food last week

Dean Best | 13 Oct 2014

just-food reported direct from the annual IGD industry convention in London this week, with a leading light in the grocery retail sector ruffling a few feathers with comments about manufacturers and retailers. Elsewhere, China's Bright Food made its latest deal in Europe, with the acquisition of Filippo Berio olive oil owner Salov and we interviewed the CEO of Finsbury Food Group after the UK baker announced a move for local peer Fletchers Group.


Quote, unquote: just-food's week in words

Hannah Abdulla | 13 Oct 2014

This week, Emmi flogged its Italian Trentilatte yoghurt business, while Kellogg sold the Loma Linda brand to Atlantic Natural Foods. Elsewhere, UK baker Finsbury Food Group moved to buy local peer Fletchers Group, while US private-equity firm BBX Capital made its second confectionery acquisition in a week. At the annual IGD Convention in London, UK retail veteran Andrew Higginson caused a stir by hitting out at the country's grocers.


Emmi sells Italian yoghurt arm Trentinalatte

Dean Best | 6 Oct 2014

Emmi, the Swiss dairy group, has decided to sell its under-pressure Italian yoghurt arm Trentinalatte.


Editor's choice: highlights on just-food last week

Dean Best | 1 Sep 2014

Fonterra this week made a significant move to boost its business in China, a market that has been problematic for the world's largest dairy exporter. We analysed the group's latest foray, a venture with infant formula producer Beingmate. Elsewhere, dairy dominated our coverage, with news of Parmalat closing in on an acquisition in Brazil and Emmi's surprise profit warning. Canadian dairy giant Agropur also featured on our interview pages, when CEO Robert Coallier sat down with us to discuss the co-op's recent M&A.


Italian yoghurt leads Emmi to cut profit forecast

Dean Best | 27 Aug 2014

Switzerland-based dairy group Emmi today (27 August) issued a profit warning after its half-year earnings slumped in the wake of an impairment on its Italian yoghurt business.


Emmi to take control of Glaserne Molkerei

Dean Best | 27 Aug 2014

Emmi has struck a deal to take majority control of German organic milk supplier Gläserne Molkerei.


Swiss dairy Emmi posts 8% rise in 2013 profits

Dean Best | 26 Mar 2014

Swiss dairy group Emmi today (26 March) booked an 8% increase in profits for 2013 as acquisitions helped drive bumper overseas sales growth.


International growth continues to propel Emmi

Katy Askew | 6 Feb 2014

International growth, fuelled by acquisitions, have boosted Emmi's full-year sales as the Swiss dairy group continued to reduce its reliance on domestic revenues in 2013.


Emmi invests in importer Mexideli

Dean Best | 3 Jan 2014

Swiss dairy group Emmi has struck a deal to buy 50% of Mexideli 2000 Holding, an importer of cheese and fresh products into Mexico.


Emmi buys stake in US yoghurt firm Siggi's

Dean Best | 23 Dec 2013

Emmi has bought a 25% stake in US-based yoghurt firm Siggi's as the Swiss dairy group looks to dip its toe into the country's fast-growing yoghurt sector.


UK producers join forces to create Yoghurt Council

Michelle Russell | 3 Oct 2013

Five leading UK yoghurt producers have joined forces to launch a council dedicated to promoting the product and boosting category growth.


Raisio launches Benecol drinks in Hong Kong

Katie Smith | 4 Sep 2013

Finnish food group Raisio has today (4 September) launched its Benecol yoghurt drinks in Hong Kong, as part of efforts to expand in the BRIC countries.


Editor's choice: the highlights on just-food last

Katy Askew | 2 Sep 2013

Last week saw a story that has dominated our pages apparently laid to rest when it emerged that Fonterra's botulism recall was, in fact, a false alarm.


Emmi raises sales outlook, H1 profits flat

Katy Askew | 28 Aug 2013

Swiss dairy group Emmi has booked a slight decline in first-half net profits, despite a "considerable" increase in sales during the period.

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