Tönnies sees opportunities in the US and settles down in Chicago

Tönnies has opened a sales office in Chicago. The German slaughter giant hopes to be able to leave a mark on the American meat market with this.

Tönnies identifies great opportunities in the United States and Canada, but reports that meat prices there are much lower than in Germany and the rest of Europe. "With our own sales office, we can better serve the market in North America," says board member Frank Duffe.

Epicenter
Chicago is the epicenter of agricultural markets in the United States. For example, the CME Group, a company that facilitates agricultural futures markets, is located here. The move to the United States once again reveals the internationalization strategy of the German meat concern. For example, Tönnies is also working on the construction of a mega slaughterhouse in Russia† Recently, in China, a joint-venture Closed.

Wouter Job

Wouter Baan is editor-in-chief of Boerenbusiness. He also focuses on dairy, pig and meat markets. He also follows (business) developments within agribusiness and interviews CEOs and policymakers.

w.baan@boerenbusiness. Nl

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