ELSA-Mifroma Group: ELSA’s investment in aaremilch AG and Simmental Switzerland AG has been approved

In brief

Last June, the ELSA-Mifroma Group internally announced its intention to invest in aaremilch AG and Simmental Switzerland AG. Now ELSA’s investment in aaremilch AG and Simmental Switzerland AG has been approved.

The most important aims behind these two investments are to increase the security of raw material supplies and to work together more closely with the two milk producers.

Following clear agreement from aaremilch AG delegates, 99.7% of whom voted in favour of the move, the two remaining decisions have now also given the undertaking the green light: both the administration of the Federation of Migros Cooperatives and the Swiss Competition Commission (COMCO) have approved the investments.

We are pleased about these positive decisions, which will now enable us to conduct various projects together with aaremilch AG and Simmental Switzerland AG. We will keep you informed about relevant further developments.