News Tonies
The Tönnies family wants to further develop the group itself
The German meat processor Tönnies remains a family business. It made this known in a statement. Robert, Clemens and Maximilian Tönnies will retain their shares and the family has explored options for the future ownership structure.
The Tönnies family has come to the conclusion that the current structure is the most suitable to continue the business in a good way. The shares of the company are currently 50% owned by Robert Tönnies and 50% by Clemens and Maximilian Tönnies. Besides the decision not to sell the company, it also indicates that the noses are back in the same direction. In recent years there has been frequent disagreement about the course to be followed.
Continue to invest in organic and vegetarian
In addition to deciding on the ownership structure in the future, the group also announced its intention to shift its focus in business development in the coming years. The focus will be more on sustainability, climate protection and animal welfare. Activities in the field of organic meat and plant-based meat alternatives must also be further developed.
Tönnies wants to put an end to the message and the rumors about the possible sale. The company is one of Europe's largest meat processors and slaughtered approximately 2020 million pigs in 20,8, of which 16,3 million in Germany. Turnover amounted to more than €7 billion, which is a fraction lower than in 2019. The company received a lot of criticism last year due to a major corona outbreak at one of its production locations. As a result, the company's slaughterhouse in Rheda-Wiedenbrück was shut down for a while or was running at a reduced capacity.
Steve Wissink
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