31. Summary of consolidated companies, associates and joint ventures
|
Consolidated companies |
Head office |
Function |
Currency |
Capital in 000s 31.12.2018 |
Capital share 31.12.2018 |
Capital share 31.12.2017 |
|
Switzerland |
|
|
|
|
|
|
|
Emmi AG |
Lucerne |
Holding |
CHF |
53,498 |
100 % |
100 % |
|
Baumann Käse AG |
Zollikofen |
Trade |
CHF |
100 |
100 % |
100 % |
|
Emmi Finanz AG |
Lucerne |
Service |
CHF |
100 |
100 % |
100 % |
|
Emmi Fondue AG |
Langnau i.E. |
Production |
CHF |
15,000 |
100 % |
100 % |
|
Emmi Frisch-Service AG |
Schlieren |
Trade |
CHF |
1,000 |
100 % |
100 % |
|
Emmi International AG |
Lucerne |
Service |
CHF |
5,000 |
100 % |
100 % |
|
Emmi Management AG |
Lucerne |
Service |
CHF |
500 |
100 % |
100 % |
|
Emmi Schweiz AG |
Lucerne |
Prod. and trade |
CHF |
5,700 |
100 % |
100 % |
|
FDS Fromagerie de Saignelégier SA |
Saignelégier |
Production |
CHF |
1,050 |
86 % |
86 % |
|
Fromco S.A. Moudon |
Moudon |
Production |
CHF |
2,100 |
60 % |
60 % |
|
Holding der Schweizerischen Milchproduzenten AG |
Münchenbuchsee |
Service |
CHF |
100 |
100 % |
100 % |
|
Käserei Studer AG 1) |
Hefenhofen |
Prod. and trade |
CHF |
720 |
100 % |
100 % |
|
Lesa Lataria Engiadinaisa SA |
Bever |
Prod. and trade |
CHF |
1,500 |
80 % |
80 % |
|
Mittelland Molkerei AG |
Suhr |
Production |
CHF |
20,000 |
100 % |
100 % |
|
Molkerei Biedermann AG |
Bischofszell |
Prod. and trade |
CHF |
1,010 |
100 % |
100 % |
|
MOPRO Luzern AG |
Lucerne |
Service |
CHF |
120 |
100 % |
100 % |
|
Regio Molkerei beider Basel AG |
Frenkendorf |
Production |
CHF |
3,000 |
80 % |
80 % |
|
Studer Holding AG 1) |
Hefenhofen |
Service |
CHF |
– |
– |
100 % |
|
Studer Käsemarketing AG 1) |
Hefenhofen |
Service |
CHF |
– |
– |
100 % |
|
Sweet Port Services SA |
Lugano |
Trade |
CHF |
250 |
100 % |
100 % |
|
Swissexport, Aktiengesellschaft Schweizerischer Käseexporteure |
Berne |
Service |
CHF |
100 |
79 % |
79 % |
|
Spain |
|
|
|
|
|
|
|
Admilac Servicios Profesionales, S.L. |
San Sebastian |
Service |
EUR |
3 |
73 % |
73 % |
|
Altamira Alimentaria, S.L. |
Renedo |
Trade |
EUR |
3 |
73 % |
73 % |
|
Kaiku Corporación Alimentaria, S.L. |
San Sebastian |
Service and trade |
EUR |
82,110 |
73 % |
73 % |
|
Kaiku Internacional, S.L. |
San Sebastian |
Service and trade |
EUR |
61,632 |
73 % |
73 % |
|
Lácteos Caprinos S.A. |
Campillo de Arenas |
Prod. and trade |
EUR |
600 |
80 % |
80 % |
|
Lácteos de Navarra, S.L. |
Pamplona |
Production |
EUR |
9,647 |
73 % |
73 % |
|
Llet Nostra Alimentaria, S.L. |
Barcelona |
Trade |
EUR |
2,764 |
33 % |
36 % |
|
SDA Bilbao, S.L. |
Bilbao |
Service |
EUR |
3 |
73 % |
73 % |
|
SDA Catalunya |
Barcelona |
Trade |
EUR |
3 |
53 % |
55 % |
|
SDA Guipuzcoa, S.L. |
Bilbao |
Service |
EUR |
3 |
73 % |
73 % |
|
Servicios Logisticos Jundiz, S.L. 2) |
Vitoria |
Service |
EUR |
102 |
73 % |
– |
|
Kaiku Km0, S.L. |
Bilbao |
Service and trade |
EUR |
625 |
73 % |
73 % |
|
Soc. Servicios Logísticos SDA Central, S.L. |
Bilbao |
Service |
EUR |
3 |
73 % |
73 % |
|
Tecnología y Calidad Láctea, S.L. |
San Sebastian |
Service |
EUR |
3 |
73 % |
73 % |
1) Käserei Studer AG and Studer Käsemarketing AG were merged into Studer Holding AG on 20 June 2018, retroactive to 1 January 2018. Afterwards, Studer Holding AG was renamed to Käserei Studer AG.
2) Servicios Logisticos Jundiz, S.L. was founded on 24 January 2018.
|
Consolidated companies |
Head office |
Function |
Currency |
Capital in 000s 31.12.2018 |
Capital share 31.12.2018 |
Capital share 31.12.2017 |
|
Netherlands |
|
|
|
|
|
|
|
AVH dairy trade B.V. |
Bergen |
Prod. and trade |
EUR |
18 |
90 % |
75 % |
|
Bettinehoeve B.V. |
Etten-Leur |
Prod. and trade |
EUR |
18 |
60 % |
60 % |
|
Emmi Benelux B.V. |
Tiel |
Trade |
EUR |
523 |
100 % |
100 % |
|
Emmi Finance Netherlands B.V. |
Tiel |
Service |
EUR |
p.m. |
100 % |
100 % |
|
Goat Milk Powder B.V. |
Etten-Leur |
Production |
EUR |
1 |
54 % |
45 % |
|
Rachelli International B.V. |
Amsterdam |
Trade |
EUR |
18 |
100 % |
100 % |
|
Germany |
|
|
|
|
|
|
|
Emmi Deutschland GmbH |
Essen |
Trade |
EUR |
75 |
100 % |
100 % |
|
Gläserne Molkerei GmbH 3) |
Dechow |
Prod. and trade |
EUR |
375 |
100 % |
100 % |
|
Gläserne Molkerei Münchehofe GmbH 3) |
Münchehofe |
Prod. and trade |
EUR |
100 |
100 % |
100 % |
|
Hofmolkerei Münchehofe GmbH |
Münchehofe |
Trade |
EUR |
25 |
100 % |
100 % |
|
Meierei Mecklenburg GmbH 3) |
Dechow |
Trade |
EUR |
– |
– |
100 % |
|
Molkerei Biedermann GmbH |
Constance |
Trade |
EUR |
25 |
100 % |
100 % |
|
Rutz Käse GmbH |
Constance |
Trade |
EUR |
25 |
100 % |
100 % |
|
Italy |
|
|
|
|
|
|
|
A-27 S.p.A. |
Rancio Valcuvia |
Prod. and trade |
EUR |
1,000 |
100 % |
100 % |
|
Emmi Dessert Italia S.p.A. 4) |
Milan |
Trade |
EUR |
1,000 |
100 % |
100 % |
|
Emmi Holding Italia S.r.l. |
Milan |
Service |
EUR |
1,714 |
100 % |
100 % |
|
Emmi Italia S.p.A. |
Milan |
Trade |
EUR |
500 |
100 % |
100 % |
|
Italian Fresh Foods S.p.A. |
Lasnigo |
Prod. and trade |
EUR |
202 |
100 % |
100 % |
|
Rachelli Italia S.r.l. |
Pero |
Production |
EUR |
52 |
100 % |
100 % |
|
France |
|
|
|
|
|
|
|
Distribution Frais Disfrais SAS 5) |
Avignon |
Trade |
EUR |
192 |
85 % |
51 % |
|
EAF Immo 84 SCI 5) |
Nice |
Service |
EUR |
270 |
85 % |
51 % |
|
Emmi France SAS |
Rungis |
Trade |
EUR |
40 |
100 % |
100 % |
|
Ets Schoepfer SAS 5) |
Avignon |
Trade |
EUR |
1,252 |
85 % |
51 % |
|
SAS Emmi Ambrosi France E.A.F. 5) |
Nice |
Service |
EUR |
3,927 |
85 % |
51 % |
|
Belgium |
|
|
|
|
|
|
|
Emmi Belux SA |
Brussels |
Trade |
EUR |
62 |
100 % |
100 % |
|
United Kingdom |
|
|
|
|
|
|
|
Emmi UK Limited |
London |
Trade |
GBP |
4,717 |
100 % |
100 % |
|
Austria |
|
|
|
|
|
|
|
Emmi Österreich GmbH |
Nüziders |
Trade |
EUR |
2,800 |
100 % |
100 % |
|
Tunisia |
|
|
|
|
|
|
|
Centrale Laitière de Mahdia, S.A. |
Mahdia |
Production |
TND |
33,000 |
40 % |
33 % |
|
Société tunisienne d'engraissement des veaux S.A.R.L. |
Mahdia |
Production |
TND |
140 |
36 % |
30 % |
3) Meierei Mecklenburg GmbH was merged into Gläserne Molkerei GmbH on 7 August 2018, retroactive to 1 January 2018. Afterwards, Gläserne Meierei GmbH and Gläserne Molkerei GmbH were renamed to Gläserne Molkerei Gmbh, respectively Gläserne Molkerei Münchehofe GmbH.
4) Eurogel S.r.l. was renamed to Emmi Dessert Italia S.p.A. on 1 November 2018.
5) On 31 July 2018, Emmi increased its stake in SAS Emmi Ambrosi France E.A.F. and EAF Immo 84 SCI from 51 % to 85 % in each case. As a consequence, Emmi’s share in Ets Schoepfer SAS and Distribution Disfrais SAS, which are directly held by SAS Emmi Ambrosi France E.A.F., increased from 51 % to 85 % in each case. As the share that is held indirectly by associates is no longer considered, the total share in the prior year has been adjusted.
|
Consolidated companies |
Head office |
Function |
Currency |
Capital in 000s 31.12.2018 |
Capital share 31.12.2018 |
Capital share 31.12.2017 |
|
United States |
|
|
|
|
|
|
|
Cowgirl Creamery Corporation 6) |
Petaluma |
Prod. and trade |
USD |
– |
– |
100 % |
|
Cypress Grove Chèvre, Inc. |
Arcata |
Prod. and trade |
USD |
202 |
100 % |
100 % |
|
Emmental Cheese Corp. |
Orangeburg |
Trade |
USD |
6 |
100 % |
100 % |
|
Emmi Holding (USA), Inc. |
Orangeburg |
Service |
USD |
1 |
100 % |
100 % |
|
Emmi Penn Yan LLC |
Penn Yan |
Production |
USD |
2,390 |
100 % |
100 % |
|
Emmi Platteville, Inc. |
Delaware |
Service |
USD |
p.m. |
100 % |
100 % |
|
Emmi Resume LLC 7) |
Delaware |
Service |
USD |
p.m. |
100 % |
– |
|
Emmi Roth USA, Inc. |
Monroe |
Prod. and trade |
USD |
2 |
100 % |
100 % |
|
Emmi USA Inc. |
Orangeburg |
Trade |
USD |
800 |
100 % |
100 % |
|
Jackson-Mitchell, Inc. |
Turlock |
Prod. and trade |
USD |
50 |
100 % |
100 % |
|
Redwood Hill Farm & Creamery, Inc. |
Sebastopol |
Prod. and trade |
USD |
p.m. |
100 % |
100 % |
|
Switzerland Cheese Marketing (USA) Inc. |
Orangeburg |
Trade |
USD |
1 |
79 % |
79 % |
|
Tomales Bay Foods, Inc. |
Petaluma |
Prod. and trade |
USD |
p.m. |
100 % |
100 % |
|
Zingg + Co. Inc. |
Orangeburg |
Trade |
USD |
1 |
100 % |
100 % |
|
Mexico |
|
|
|
|
|
|
|
Alimentos Finos del Sureste, S.A. de C.V. |
Cancun, Qroo |
Trade |
MXN |
100 |
38 % |
38 % |
|
Comalca 2000, S.A. de C.V. |
Cancun, Qroo |
Trade |
MXN |
14,960 |
38 % |
38 % |
|
Comalca Gourmet, S.A. de C.V. |
Cancun, Qroo |
Trade |
MXN |
12,623 |
38 % |
38 % |
|
Distribuidora Internacional de Lacteos, S.A. de C.V. |
Mexico City |
Trade |
MXN |
50 |
38 % |
38 % |
|
Distribuidora Mexideli, S.A. de C.V. |
Mexico City |
Service |
MXN |
100 |
51 % |
51 % |
|
Mexideli 2000 Holding S.A. de C.V. |
Mexico City |
Trade |
MXN |
101,759 |
51 % |
51 % |
|
Mexideli, S.A. de C.V. |
Mexico City |
Trade |
MXN |
68,350 |
51 % |
51 % |
|
Tecnologias Narcisco, S.A. de C.V. |
Mexico City |
Trade |
MXN |
60 |
51 % |
51 % |
|
Chile |
|
|
|
|
|
|
|
Eurolac Chile, S.A. |
Santiago |
Service |
CLP |
29,020,654 |
73 % |
73 % |
|
Kaiku Internacional, S.L. Agencia en Chile 8) |
Santiago |
Service |
CLP |
– |
– |
73 % |
|
SDA Chile, S.A. |
Santiago |
Trade |
CLP |
798,271 |
72 % |
72 % |
|
Surlat Comercial, S.A. |
Santiago |
Trade |
CLP |
7,934,483 |
72 % |
72 % |
|
Surlat Corporación, S.A. |
Santiago |
Service |
CLP |
28,624,995 |
72 % |
72 % |
|
Surlat Industrial, S.A. |
Pitrufquen |
Production |
CLP |
20,310,389 |
72 % |
72 % |
|
Canada |
|
|
|
|
|
|
|
Emmi Canada Inc. |
Saint-Laurent |
Trade |
CAD |
27,152 |
100 % |
100 % |
|
Switzerland Cheese Marketing Inc. |
Saint-Laurent |
Trade |
CAD |
1 |
79 % |
79 % |
|
9314 — 8591 Québec Inc. |
Boucherville |
Trade |
CAD |
3,137 |
100 % |
100 % |
|
Brazil |
|
|
|
|
|
|
|
Emmi do Brasil Holding Ltda. |
Sao Paulo |
Service |
BRL |
481,000 |
100 % |
100 % |
6) Cowgirl Creamery Corporation was merged into Tomales Bay Foods, Inc. on 1 January 2018.
7) Emmi Resume LLC was founded on 21 December 2018.
8) Kaiku Internacional, S.L. Agencia en Chile was liquidated on 28 June 2018.
The percentage of voting rights controlled by the Emmi Group in the subsidiaries of Kaiku Corporación Alimentaria, S.L. and the subsidiaries of Mexideli 2000 Holding S.A. de C.V. differs from the capital share since Emmi controls these subsidiaries through its control of the parent companies.
|
Associates and joint ventures |
Head office |
Function |
Currency |
Capital in 000s 31.12.2018 |
Capital share 31.12.2018 |
Capital share 31.12.2017 |
|
Switzerland |
|
|
|
|
|
|
|
BO Butter GmbH |
Berne |
Service |
CHF |
500 |
33 % |
33 % |
|
Cetra Holding SA |
Lugano |
Trade |
CHF |
250 |
34 % |
34 % |
|
FDC Fromagerie de Courgenay SA |
Courgenay |
Service |
CHF |
990 |
25 % |
25 % |
|
Sbrinz Käse GmbH |
Sursee |
Service |
CHF |
180 |
24 % |
24 % |
|
Switzerland Cheese Marketing AG |
Berne |
Service |
CHF |
290 |
23 % |
23 % |
|
Thurgauische Käse-Reifungs AG |
Weinfelden |
Service |
CHF |
2,000 |
25 % |
25 % |
|
Vermo Tiefkühl Pool AG |
Lucerne |
Trade |
CHF |
2,500 |
35 % |
35 % |
|
Italy |
|
|
|
|
|
|
|
Ambrosi S.p.A. |
Brescia |
Prod. and trade |
EUR |
10,000 |
25 % |
25 % |
|
Sepa S.r.l. |
Pieve Porto Morone |
Prod. and trade |
EUR |
100 |
40 % |
40 % |
|
Germany |
|
|
|
|
|
|
|
Carl Fr. Scheer GmbH + Co. KG |
Willstätt |
Trade |
EUR |
500 |
25 % |
25 % |
|
Scheer Verwaltungs u. Beteiligungs GmbH |
Willstätt |
Service |
EUR |
26 |
25 % |
25 % |
|
Spain |
|
|
|
|
|
|
|
Batiovo I.A.E. |
Madrid |
Trade |
EUR |
12 |
37 % |
37 % |
|
Serkolat Bide, S.L. |
San Sebastian |
Service |
EUR |
8 |
37 % |
37 % |
|
United States |
|
|
|
|
|
|
|
Big Red Cheese Company LLC |
Monroe |
Trade |
USD |
p.m. |
50 % |
50 % |
|
EB Snacks LLC |
Delaware |
Production |
USD |
2 |
50 % |
50 % |
|
Emmi Meister LLC |
Fitchburg |
Production |
USD |
2 |
50 % |
50 % |
|
Kindred Creamery LLC |
Fitchburg |
Trade |
USD |
1 |
30 % |
30 % |
|
The Icelandic Milk and Skyr Corporation 1) |
New York |
Production |
USD |
– |
– |
22 % |
|
White Hill Cheese Company LLC |
Shullsburg |
Production |
USD |
7,000 |
50 % |
50 % |
|
Brazil |
|
|
|
|
|
|
|
Laticínios Porto Alegre Indústria e Comércio S.A. |
Ponte Nova |
Prod. and trade |
BRL |
344,637 |
40 % |
40 % |
1) The minority stake in The Icelandic Milk and Skyr Corporation was sold on 1 February 2018.