Vion Food Group

News Beef

Vion on the verge of takeover in Belgium

5 January 2021 - Wouter Baan - 3 comments

Vion plans to take over the Belgian beef company Adriaens. With the acquisition, Vion wants to strengthen the regional approach in Western Europe, the meat company announced on Tuesday.

Vion has been working for a long time with cattle slaughterer Adrians, where 126 employees are on the payroll. According to CEO Ronald Lotgerink, the planned acquisition is in line with the regional approach that Vion has in mind. "Our customers want to see what they buy and where it comes from. That is why we are working on regional chains that are composed based on the demand of our customers," Lotgerink said in a statement.

With the acquisition of Adriaens, Vion is formally establishing itself in Belgium for the first time. Vion mainly focuses on the processing and valorisation of Belgian White Blue. The acquisition amount has not been disclosed.

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Wouter Job

Wouter Baan is Head of Meat & Dairy at BoerenbusinessAt DCA Market Intelligence, he focuses on dairy, pork, and meat markets. He also monitors (business) developments within agribusiness and interviews CEOs and policymakers.
Comments
3 comments
Subscriber
peta 5 January 2021
This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/agribusiness/article/10890552/vion-op-het-randje-van-overname-in-belgie]Vion on the verge of takeover in Belgium [/url]
I assume they got it for €1, the million-loss company of the Anlofia holding company that was embroiled in a meat scandal.
Really not something for a cooperative to take over a loss-making family business with associated business structure. Where hasn't that gone wrong before? At vion probably not with all top managers at the helm. Otherwise, the loss will still be on the members' backs.
.

Subscriber
quite coarse 5 January 2021
Wasn't Vion itself about to die a few years ago, and now this!
Very little paid to the suppliers, surely?
r 10 January 2021
The most modern slaughterhouse in Belgium
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