Groupe Lactalis S.A. agreed to acquire 25% stake in Ambrosi S.p.A. from Emmi AG (SWX:EMMN) on July 25, 2022. Completion of the transaction is subject to approval by the responsible competition authorities. From the balance sheet date until the consolidated financial statements were approved by the Board of Directors of Emmi AG on 17 August 2022. As on June 02, 2023 European Commission approved the deal.

Groupe Lactalis S.A. completed the acquisition of 25% stake in Ambrosi S.p.A. from Emmi AG (SWX:EMMN) on July 3, 2023.