Swiss dairy main Emmi is buying The English Cheesecake Firm, a UK-based producer of “premium” desserts.
Emmi stated the “bolt-on” acquisition is meant to “strengthen” its desserts portfolio and its place as “class captain” within the wake of a deal final yr for Mademoiselle Desserts in France.
Based in 2000 as a household enterprise, The English Cheesecake Firm makes cheesecakes based mostly on conventional British recipes. Its vary spans traditional varieties, vegan and frozen merchandise, in addition to snack codecs.
Monetary phrases weren’t disclosed.
The London-headquartered firm generated gross sales of round £23m ($30.1m) in its final monetary yr and is listed with all “main” UK retail chains. It additionally provides the foodservice channel, in response to the assertion.
Accounts filed with Firms Home confirmed The English Cheesecake Firm posted a turnover of £22.8m within the yr to 31 March, up from £19.8m within the prior 12 months.
Working revenue climbed to £1.6m from £1.4m, whereas web revenue rose to £1.1m from £925,622.
Emmi acquired the frozen-bakery enterprise Mademoiselle Desserts final yr in a transaction valued at €900m ($974.3m).
When the deal was first introduced, London-based private-equity agency IK Companions confirmed it had reached an settlement with Emmi to promote its undisclosed “stake” in Mademoiselle Desserts.
On the time, Emmi stated the corporate had entered a “put possibility settlement” for Mademoiselle Desserts, suggesting a mixture of the IK Companions’ stake and the remaining from different shareholders.
Within the assertion issued immediately (25 November), Emmi stated: “Whereas the cheesecake providing of the Mademoiselle Desserts Group is strongly positioned within the British foodservice market, The English Cheesecake Firm’s retail enterprise is the perfect extension to the distribution technique.”
Didier Boudy, EVP of Emmi’s desserts arm, added: “The bolt-on acquisition will increase our presence within the fast-growing premium cheesecakes phase and contributes to the worldwide indulgence megatrend. This represents an extra step in the direction of advancing our robust market place within the world premium desserts market and creating synergies inside our portfolio.”
Boudy was beforehand Mademoiselle Desserts CEO.
Emmi distributes its merchandise in round 60 nations and operates 72 manufacturing websites throughout 13 markets, using about 12,000 folks.
Within the first half of 2025, its group gross sales rose 12.7% to SFr2.27bn ($2.8bn), pushed largely by a optimistic acquisition impact of 11.8%. Regardless of a unfavourable foreign money influence of three.5%, natural development reached 4.4%.
