Emmi, the Swiss dairy group, has sold its stake in local cheese firm Baer to French group Lactalis.
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The Swiss firm said today (3 June) that it had agreed to offload its 35% stake to Lactalis, which bought Baer earlier this year.
A spokesman for Emmi said the company had decided its interest in Baer no longer fits its strategy of selling “classic Swiss cheeses” like gruyere and emmental.
