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Hochland to acquire a plant in Russia
The Hochland Russland OOO will acquire a plant of Dr. Oetker in Russia. The two contractual parties signed a letter of intent at the end of 2010. The transaction is to take effect as of July 2011 but is still subject to the approval of the antitrust authorities.

The yoghurt production site is situated in Prokhorovka near the Ukrainian border, 650 km south east of Moscow, processing some 30 tons of milk per day. In future, Hochland intends to run the plant for cheese production for the Russian market.

Both parties have agreed to keep the purchase price confidential.

With this transaction, Hochland Russland OOO will have a second production plant in Russia, in addition to the processed cheese work in Raos near Moscow.

The German cheese manufacturer Hochland and its cheese products are present on the Russian market since the 1990's. Since the year 2000 Hochland processed cheese is manufactured in Russia.