Emmi increases stake in Bettinehoeve

By Jim Cornall contact

- Last updated on GMT

Bettinehoeve products are sold in the Netherlands, the UK, Germany, France, the Nordics and Belgium. Pic: Emmi
Bettinehoeve products are sold in the Netherlands, the UK, Germany, France, the Nordics and Belgium. Pic: Emmi

Related tags: Emmi, goat milk, goat's milk

Swiss dairy company Emmi is increasing its stake in Dutch goat’s milk processor Bettinehoeve to 90%.

The family business, in which Emmi has held a 60% stake since 2016, has steadily strengthened its position in recent years thanks to its diverse range of goat’s cheese varieties. Emmi is therefore exercising the option to increase its stake in Bettinehoeve.

Products made from goat’s milk are among the most attractive niches in the dairy industry internationally, the company said.  Bettinehoeve products are mainly sold through Dutch retailers. Other important markets are the UK, Germany, France, the Nordics and Belgium.

“With this increase in our stake, we can integrate Bettinehoeve even better into our global goat’s milk network and strengthen our commitment to this important growth segment for Emmi,”​ Robin Barraclough, head of the business division Europe, said.

Bettinehoeve was founded in 1982 by Johan Ewijk, the father of the current managing director Sybren Ewijk. He will retain a 10% stake in the company and will continue to be responsible for the further development of the business in the future.

The increase in the stake in Bettinehoeve also affects Emmi’s share in Goat Milk Powder (GMP), the joint venture between Bettinehoeve and AVH dairy, another Dutch subsidiary of Emmi. GMP was founded in 2013. AVH dairy is responsible for the marketing, sales and distribution of products used, for example, in the production of sports nutrition and baby food. Production takes place at Bettinehoeve. Emmi now holds 80.9% of GMP shares.

The parties have agreed not to disclose the purchase price.

comments

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Follow us

Products

View more

Webinars