Emmi strengthens market position in the USA
Emmi is acquiring Cypress Grove Chèvre, a U.S. cheese specialist based in Arcata, California. Emmi also increased its stake in CASP Contract Aseptic & Specialty Packaging LLC in Penn Yan, New York, to 100 percent.
As a leading provider of Swiss cheese and fresh products, the company aims to grow further, particularly in the focus markets of Italy, Germany, Austria, the UK and the USA. The acquisition of Cypress Grove Chèvre is an important step in this direction, as Emmi writes in a press release. The company is a leading producer of fresh and matured goat's cheese specialties in the USA and generates sales of around USD 10 million.
CASP specializes in the contract production of aseptic dairy products and is therefore an important pillar of Emmi's fresh products business in the US. Among other things, it produces Caffè Latte, which is distributed by Emmi in the US market. The company employs 23 people and generates sales of around 6 million dollars. With the complete takeover of CASP, Emmi now has its own production facility for fresh products in the US and will produce Emmi Caffè Latte itself, as well as the Emmi premium yogurts already sold in the US market.
http://group.emmi.ch
CASP specializes in the contract production of aseptic dairy products and is therefore an important pillar of Emmi's fresh products business in the US. Among other things, it produces Caffè Latte, which is distributed by Emmi in the US market. The company employs 23 people and generates sales of around 6 million dollars. With the complete takeover of CASP, Emmi now has its own production facility for fresh products in the US and will produce Emmi Caffè Latte itself, as well as the Emmi premium yogurts already sold in the US market.
http://group.emmi.ch
