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Emmi increases stake in Centrale Laitière de Mahdia, expands presence in Tunisia

Kaiku, an Emmi subsidiary based in San Sebastián (Spain), is increasing its stake in Centrale Laitière de Mahdia SA (Vitalait), based in Mahdia (Tunisia), from 45.4 percent to 54.7 percent. As a result, Emmi, which holds 73.4 percent of shares in Kaiku, will have a 40.2 percent stake in Centrale Laitière de Mahdia SA. In a second step in 2021, the stake will be increased by another 9.34 percent. Strengthening its international presence is part of Emmi’s strategy. Tunisia plays an important role in this as the company’s fourth-largest international market.

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