Raiffeisen-Holding Group, which first invested in the UK in 2008, dismissed as speculation recent reports that it planned to sell Nom. "There are no plans to sell the UK business," it told The Grocer.
After two difficult years in the UK, during which the company built a manufacturing plant in Telford, Nom was now in a "strong position" to compete in both branded and own-label dairy products, Raiffeisen added.
"Today we are proud that the factory produces excellent-quality products, using British milk, employs 180 people mostly from the local region and is getting closer to achieving full capacity."
The company produces a range of yoghurt products under the Nom name as well as own-label products including Tesco's recently launched Yoo yoghurts.
Nom UK was created in 2008 in response to supermarkets wanting to reduce their reliance on imported yoghurt.