News Pigs
Vion has secured two buyers for German locations.
Vion has announced that it has found two buyers for the cattle slaughter site in Waldkraiburg and the combined beef and pig slaughterhouse in Crailsheim, both in southern Germany. These locations had initially already been sold to Tönnies, but the German antitrust authority blocked the sale last summer.
The location in Crailsheim, where approximately 1 million pigs and just under 100.000 cattle are slaughtered annually, is being sold to Boeser Frischfleisch. The Waldkraiburg facility, with a capacity for over 160.000 cattle, is being transferred to OSI Europe Foodworks, a globally operating food group with experience in meat production.
The German competition authorities still have to approve the deal. Presumably, this will cause fewer problems than with the already very dominant Tönnies.
Upon final approval, the German headache for Vion will shrink. The company wants to leave Germany through a strategic reorientation, but this is not without its bumps in the road.
Vion further indicates that the evaluation of the remaining German locations is ongoing. The company reports that various parties have shown strategic interest in the beef facility in Buchloe and that it is seeking the best possible partner.
For locations in Memmingen and Eching-Weixerau, where leather is produced from hides, Vion is exploring alternative options without further explanation.
Wouter Job
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