Swiss dairy group Emmi is to take full control of local sector player Molkerei Biedermann, it said today (5 January).
Emmi currently holds a 90% stake in the firm and will acquire the remaining 10% with effect from May. Emmi has held a stake in the dairy since 2005.
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The company did not provide any financial details.
The company also announced that Ruedi Hochstrasser has taken the managing director position of Molkerei as of 1 January, taking over from the company’s founder Pius Biedermann.
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