Swiss dairy company Emmi is increasing its stake in Mexideli 2000 Holding SA de CV from 50% to 51%, meaning it now holds a majority stake in the company.
Swiss dairy group Emmi said it would shift all fondue and cheese
production to one factory by 2010, improving efficiency in an
attempt to remain the world's number one fondue maker.
Tine, the Norwegian dairy company, and the Irish Dairy Co-operative
have signed an agreement regarding the production of Jarlsberg
cheese in the Irish market place.
Emmenthaler production is set to grow steadily over the next two
years, but too much cheese on the market has led to rock bottom
prices and a lack of any real brand identity - a situation export
market leader Emmi hopes to rectify.
