DMK Group acquires 100% of Russian RichArt Group
Bremen, 16 May 2018: The DMK Group, Germany's largest dairy cooperative, has extended its activities in Russia. With acquiring the remaining 40% of share in the IKAM Richart Holding GmbH, the DMK Deutsches Milchkontor GmbH thus is sole shareholder of the Russian cheese manufacturer RichArt Group based in the Voronezh region. DMK had already acquired a majority holding in RichArt in the second half of 2016. The Supervisory Board of DMK Deutsches Milchkontor GmbH yesterday agreed to the purchase of the remaining shares with immediate effect.