Emmi acquires majority stake in one of Europe’s leading suppliers of organic goat’s and sheep’s milk products
Dairy industry player Emmi has acquired 66 % stake in Austrian goat’s and sheep’s milk processor Leeb Biomilch GmbH. The acquisition expands Emmi’s range of organic vegan products.
Emmi entered the goat’s milk products business in 2010 through its acquisition of Californian company Cypress Grove and Swiss brand Le Petit Chevrier. Positive experience in this segment has prompted Emmi to gradually strengthen its position in this attractive niche.
Emmi’s goat’s milk network now includes three goat’s milk processors in the US (Cypress Grove, Redwood Hill, Jackson-Mitchell/"Meyenberg"), three in Europe (Bettinehoeve (NL), Goat Milk Powder (NL), Lácteos Caprinos (ES)) and AVH Dairy, a global trading company also based in the Netherlands. These are all small to medium-sized companies with attractive positions in selected segments.
Urs Riedener, CEO of the Emmi Group said, “Leeb Biomilch GmbH is not only a good fit for Emmi based on its goat’s milk products, but also on its clear commitment to quality, innovation and sustainability.”
The 66 % stake in Leeb Biomilch GmbH, based in Wartberg, Austria, now means it has an even denser network.