Emmi is to acquire a 50% stake in Mexideli 2000 Holding SA de CV.
January 6/Lucerne/Press Release -- Emmi is to acquire a 50% stake in Mexideli 2000 Holding SA de CV, which is headquartered in Mexico City. The company is among Mexico's leading importers of speciality cheeses. With this transaction, Emmi is strengthening its presence in Latin America and moving ahead with its program of international growth.
Emmi's strategy is to increase, over the medium term, the share of sales attributable to international business to 50%. The share currently stands at around 43%. The aim is to achieve this growth both organically and through acquisitions, with a stronger focus in future on emerging markets outside Europe.