Emmi Buys The English Cheesecake Company

Credit: Emmi Group.

Swiss dairy awesome Emmi is acquiring The English Cheesecake Company, a UK-based shaper of “premium” desserts.

Emmi said nan “bolt-on” acquisition is intended to “strengthen” its desserts portfolio and its position arsenic “category captain” successful nan aftermath of a woody past twelvemonth for Mademoiselle Desserts successful France.

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The London-headquartered institution generated income of astir £23m ($30.1m) successful its past financial twelvemonth and is listed pinch each “major” UK unit chains. It besides supplies nan foodservice channel, according to nan statement.

Emmi acquired nan frozen-bakery business Mademoiselle Desserts past twelvemonth successful a transaction weighted astatine €900m ($974.3m).

When nan woody was first announced, London-based private-equity patient IK Partners confirmed it had reached an statement pinch Emmi to waste its undisclosed “stake” successful Mademoiselle Desserts.

At nan time, Just Food asked Emmi to explain nan parties from which nan shares would beryllium acquired. It said nan institution had entered a “put action agreement” for Mademoiselle Desserts, suggesting a operation of nan IK Partners’ liking and nan remainder from different shareholders.

In nan connection issued today (25 November), Emmi said: “While nan cheesecake offering of nan Mademoiselle Desserts Group is powerfully positioned successful nan British foodservice market, The English Cheesecake Company’s unit business is nan perfect hold to nan distribution strategy.”

Didier Boudy, EVP of Emmi Desserts, added: “The bolt-on acquisition increases our beingness successful nan fast-growing premium cheesecakes conception and contributes to nan world indulgence megatrend. This represents a further measurement towards advancing our beardown marketplace position successful nan world premium desserts marketplace and creating synergies wrong our portfolio.”

Boudy antecedently headed up Mademoiselle Desserts arsenic its CEO.

Emmi distributes its products successful astir 60 countries and operates 72 accumulation sites crossed 13 markets, employing astir 12,000 people.

In nan first half of 2025, its group income roseate 12.7% to SFr2.27bn ($2.8bn), driven mostly by a affirmative acquisition effect of 11.8%. Despite a antagonistic rate effect of 3.5%, integrated maturation reached 4.4%.

The institution reported beardown income momentum successful Brazil, Chile and Mexico, and successful “strategic niches” specified arsenic ready-to-drink java nether nan Emmi Caffè Latte marque and premium desserts.

EBITDA accrued to SFr223.1m from SFr197.8m, while EBIT climbed to SFr145.4m from SFr140.3m.

When nan results were issued successful August, Emmi lifted its afloat twelvemonth integrated maturation outlook to 2-3% from nan erstwhile 1.5-2.5%, supported chiefly by its Americas division.

The group maintained its EBIT guidance astatine SFr330-350m and its nett profit separator forecast astatine 4.8-5.3%.