Emmi Group, a Swiss dairy products manufacturer, said that majority shareholders in Italian cheese company Ambrosi including the company have agreed to sell the business to the Lactalis Group. The financial terms of the deal were not announced by Emmi, which holds a 25% stake in Ambrosi. According to Emmi Group, the deal, on its […]
Deutsche Bank, Banco BPM and other syndicate banks, have agreed to provide a loan of €27.5 million to Italian cheese company Ambrosi. Owned by Brescia Group, Ambrosi is said to specialize in the production and ageing of Grana Padano and Parmigiano Reggiano DOP cheeses. According to Deutsche Bank, the five-year loan is secured by Ambrosi’s […]