21.09.2010

Emmi and MIBA to invest in Basel region

Emmi has signed an agreement to purchase the land, building and production equipment of the former company Regio Milch beider Basel AG in Frenkendorf. MIBA Milchverband der Nordwestschweiz, an association of milk producers in northwestern Switzerland, is also involved in this purchase. Together, Emmi and MIBA will invest around CHF 2m in the production facilities and will create as many as 20 jobs. Beginning in the spring of 2011, Emmi will produce a line of dairy products in Frenkendorf using milk from regional milk producers. The line will be sold by local retailers. The Regio Milch beider Basel AG plant in Frenkendorf was closed down in mid-June 2010 after the failure of composition proceedings. Emmi has now signed a purchase agreement with Regio Milch beider Basel AG covering the latter company’s land, building and production equipment. This purchase enables Emmi to strengthen its domestic business in Switzerland, particularly in northwestern Switzerland.


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