Emmi acquires stake in Brazil's Laticínios Porto Alegre

摘要

Emmi is acquiring a 40% stake in Brazil's Laticínios Porto Alegre Indústria e Comércio, based in Ponte Nova in the state of Minas Gerais. The company is among the five largest dairies in its main market of Minas Gerais in milk collection, with positions in the cheese, fresh cheese, UHT milk, butter and whey powder product categories. With this transaction, Emmi is strengthening its presence in Brazil, and moving ahead with its programme of international growth, the company says.