Emmi expands its catering operations
The Emmi milk and cheese company of Lucerne has taken over the Burra concern of Zurich, which is active in the catering business.
A statement from Emmi said that it had acquired 100 per cent of Burra shares, strengthening its catering position in and around Zurich.
No financial details of the transaction have been made public.
Burra, which has an annual turnover of SFr33 million, ($20.5 million) is to remain independent, with management and staff unchanged.
Emmi has forecast turnover of SFr1.14 billion for the year 2000, a growth of 14 per cent over the previous year. The company made a profit of SFr21.3 million in 1999.
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