Emmi Had Good First Half, Plans Purchases, SonntagsZeitung Says

Emmi AG (EMMN) had a “good” first half of the year and won market share abroad, SonntagsZeitung reported, citing an interview with Chief Executive Officer Urs Riedener.

The Luzern, Switzerland-based dairy producer is looking for acquisitions abroad, and is “confident” of announcing an deal before the end of the year, the newspaper reported, citing Riedener. Emmi has “several hundred million francs” available for acquisitions, Riedener said.

To contact the reporter on this story: Elena Logutenkova in Zurich at elogutenkova@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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