Emmi Group, Switzerland, signed an agreement to buy Italian Fresh Foods S.p.A. (IFF), Lasnigo, Como, Italy. IFF is an international company that manufactures high-quality Italian desserts. The acquisition will allow Emmi to strengthen its position in the dessert segment and reinforce its expertise in an attractive niche market. IFF also provides access to the Netherlands, U.S. and Canadian markets.
“Italian Fresh Foods is an agile, innovative manufacturer of high-quality Italian desserts,” says Urs Riedener, chief executive officer of Emmi. “The product portfolio suits Emmi extremely well and strengthens a segment that is strategically important for the company.”
Emmi will keep the current production structure in Lasnigo. And, Flavio Pok, founder and CEO, will remain in charge of the company.