Announced
Completed
Financials
Sources
Tags
Food Products
United States
feta cheese
Single Bidder
Private
Friendly
Cross Border
Acquisition
Completed
Majority
Synopsis
Emmi, a Swiss milk processor and dairy products company, completed the acquisition of Athenos, a provider of mediterranean-style cheeses, from Lactalis, a French multinational dairy products corporation. Financial terms were not disclosed. "With Athenos the number 1 in the US feta market will be joining Emmi. We are well suited for further developing this business successfully. It will strengthen our position in the strategically important US market and therefore also our growing export business from Switzerland as we can offer our customers an even more extensive and attractive range of products," Matthias Kunz, Emmi Executive Vice President, Division Americas.
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