The German meat concern Tönnies is investing in the British meat market. A quarter of a million euros will be invested in the British subsidiary CPC Meats.
A total of €25 million will be invested in setting up new production facilities for CPC Meats. The British subsidiary is already the market leader for bacon in the UK and produces at 3 different locations.Â
CPC Meats was acquired 2 years ago by the German meat group, with the intention of retaining influence on the British market. With this, Tönnies prepared for Brexit and strengthened production in the United Kingdom. Frank Duffe, director of Tönnies, sees the British market as a growth market for the German meat concern. "We want to serve growing consumer demand in the UK with our quality meat."
Butchery in Spain
Tönnies already announced in Spain to invest. A slaughterhouse will be built there in the north of the country. This investment involves approximately €75 million. Construction is expected to be completed in 2024.
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