CMS brings sale of Uckermärker Milch GmbH to successful conclusion
With effect from 1 January 2015, there will be a change in the shareholder structure of Uckermärker Milch GmbH, a medium-size dairy processor based in Prenzlau. The Swiss HOCHDORF Group is acquiring 60% of the shares, which are currently held by two regional and one Polish dairy producers/processors. 40% of the shares will remain with Ostmilch Handels GmbH, which is an existing shareholder. HOCHDORF is in turn taking a 26% stake in the Ostmilch Group. The transactions are currently awaiting approval from the competition authorities and are subject to the usual closing conditions.