Mutares has successfully completed the acquisition of Gläserne Molkerei from Emmi Group

• New platform acquisition to strengthen the Retail & Food segment
• Leading manufacturer of pure organic dairy products in Germany
• Revenues of over EUR 100 million with two locations in Germany

 

Munich, August 14, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Gläserne Molkerei from Emmi Group. As a new platform acquisition, the company will strengthen the fourth segment Retail & Food of the Mutares portfolio, which was expanded in July 2023.

Headquartered in Dechow, Germany, the company generates over EUR 100 million in revenues and is a leader in producing pure organic dairy products in the northern region of Germany. The wide range of pure products includes organic milk, butter, yoghurt, buttermilk and cheese.

Gläserne Molkerei is characterized by its approach to regionality, biodiversity and sustainability throughout its entire value chain. By prioritizing these principles, Gläserne Molkerei ensures the supply of high-quality organic dairy products to its customers, which include leading food retail and specialist chains.

Mutares plans to accelerate the sustainable growth of Gläserne Molkerei with its customers. In addition to the development of new distribution channels, the diversification of the product portfolio as well as the competitive adjustment of the cost structure will be crucial.