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1 MIN READ

USA: Emmi to acquire Indulge Desserts

October 14, 2020
-
Food, Mergers & Acquisitions, North America

Swiss dairy firm Emmi has announced the acquisition of the US dessert business Indulge Desserts from AUA Private Equity for an undisclosed sum.

Emmi has agreed to purchase an 87.7% stake in the company as part of its strategy to strengthen its dessert business in the US.

Founded in 1993, Indulge Desserts is a manufacturer of American and international dessert specialties, which it manufactures in four facilities. Its portfolio includes Cannoli Factory, Love & Quiches, Elegant Desserts and Joey’s.

Urs Riedener, CEO of the Emmi Group, says: “With Indulge Desserts we are not only acquiring a highly innovative and agile Center of excellence for desserts with a strong market position in the USA, we are also opening up new sales opportunities for our premium desserts from Italy”.

Source: FoodBev

Tags
Emmi
Indulge Desserts
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USA: Emmi to acquire Indulge Desserts - Gama