Walder Wyss with ELSA in its bid to acquire a stake in Aaremilch

The milk market is on the move. Migros wants to acquire a 50 percent stake in Aaremilch through its subsidiary ELSA. Both the retailer and the dairy farmers’ organisation are hoping for a stronger position in the market.

Aaremilch’s history dates back to 2007. At that time, Lobag Milch, based in Ostermundigen, was founded. In 2013, the company was renamed Aaremilch and the registered office moved to Lyss.

Now there is a significant change in the history of the dairy farmers’ organisation. Because Migros, through its milk processing company ELSA, wants to acquire a 50 percent stake in Aaremilch and Simmental Switzerland, which operates the Diemtigtal Nature Park cheese dairy as an operating company. In this way, Migros wants to guarantee milk on the market because milk is becoming more and more a coveted commodity.

Walder Wyss has advised ELSA on this transaction. The team was lead by Markus Vischer (partner, corporate/m&a, pictured), Christoph Zaugg (senior associate, corporate/m&a), Christian Hagen (managing associate, corporate/m&a), Reto Jacobs (partner, antitrust), Gion Giger (counsel, antitrust), Felix Tuchschmid (associate, antitrust), Angelina Pellegrini (associate, employment), Valentin Wiesner (managing associate, finance) and Michael Kissling (associate, corporate/m&a).