[Emmi] Emmi increases stake in Centrale Laitière de Mahdia

Contacts

Analysts: Esther Gerster, Head of Group Communications & IR, t +41 58 227 50 69, esther.gerster@emmi.com

Media: Sibylle Umiker, Group Communications & IR, Head of Media Relations, t +41 58 227 50 66, media@emmi.com

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About Vitalait

Centrale Laitière de Mahdia is the number 2 in dairy products in Tunisia, producing milk, yogurts, yogurt drinks and desserts. It generates sales of around CHF 140 million and employs some 785 staff.

About Emmi

Emmi is the leading Swiss milk processor and one of the most innovative premium dairies in Europe. In Switzerland, the company focuses on the development, production and marketing of a full range of dairy and fresh products as well as the production, ageing and trade of mainly Swiss cheeses. Outside Switzerland, Emmi concentrates on brand concepts and specialities in established European and North American markets, and increasingly in emerging markets outside of Europe. The primary focus in fresh products is on lifestyle, convenience and health products. In the cheese business, Emmi positions itself as the leading company worldwide for Swiss cheese. Emmi's customers are the retail trade, the hospitality and food service sector and the food industry.

In Switzerland, the Emmi Group includes around 25 production sites of every size. Abroad, Emmi and its subsidiaries have a presence in 13 countries, seven of which have production facilities. Emmi exports products from Switzerland to around 60 countries.

In 2016, Emmi posted net sales of CHF 3,259 million and a net profit of CHF 140 million. In the first half of 2017, it generated sales of CHF 1,600 million and a net profit of CHF 66 million. The company employs nearly 5,900 staff (full-time equivalents), of which 3,000 in Switzerland.