26/02/2020 | Ingredients

Hochdorf to part from German milk plant

Hochdorf is selling its majority shareholding of 60 % in Uckermärker Milch GmbH to Ostmilch Handels GmbH, which previously held 40 % of the shares. The sale is motivated by the company’s strategic focus on its Baby Care and Dairy Ingredients divisions, with Swiss production sites. The sale will be completed with the closing date 28. February 2020. With the sale of the milk plant, the Hochdorf Group’s Dairy Ingredients division is focussing on production in Switzerland.