Swiss dairy giant Emmi has taken a 24% stake in German organic dairy Gläserne Molkerei through its wholly-owned subsidiary Molkerei Biedermann.
Emmi said the tie-up between Gläserne Molkerei and its own organic business would allow it to “consolidate” its position in Germany, becoming involved in the “growing market” for organic products.
Gläserne Molkerei is an organic milk processor in Northeast Germany. The group manufacturers a premium range of milk, cheese, yoghurt and other dairy products.
“The strong sense of quality and premium products are an excellent match for Emmi. We look forward to being able to consolidate our position in the dynamic international organic market on the basis of this partnership,” Urs Riedener, CEO of Emmi, said.