UK/Germany: Yogurt markets consolidate following merger

By CPI | November 10, 2013

Food conglomerate Emmi announced the acquisition of yogurt brand Onken in a move to expand its dairy products business, reports say.

Onken holds strong market presence within the UK and Germany; following the buyout, Emmi said it plans to consolidate the market in both areas.

According to a press release, the buyout is part of Emmi’s future plans to expansion within Italy, the US, Germany and the UK.

Financial details of the deal were not reported.

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