Vion sells foodservice arm to Group of Butchers

Vion Food Group is selling its foodservice part to Dutch meat-processing adjacent Group of Butchers,

In a statement, Vion, which has been selling assets successful Germany, said the woody marks the "final large step" successful its exit from the market.

Vion said yesterday (15 June) it had reached "a main commercialized agreement" with Group of Butchers. The fiscal presumption of the transaction were not disclosed.

The woody covers Vion Food Service Holding, Salomon FoodWorld and related subsidiaries, including accumulation sites successful the German towns of Großostheim and Holzwickede.

The concern supplies frozen beef, pork and chickenhearted products to foodservice customers. Around 650 unit enactment astatine the division, Vion said.

Just Food has approached Group of Butchers for comment.

"This transaction brings large worth to Group of Butchers, portion providing Salomon FoodWorld with an fantabulous level to proceed its palmy maturation journey," Vion CEO Tjarda Klimp said.

"Our afloat absorption remains connected Dutch livestock farmers, operations, and proviso chains, aimed astatine serving national, European, and further export markets."

Asked by Just Food wherefore Vion nary longer sees the foodservice limb arsenic portion of the company's strategy to make "long-term value", the institution said: "For Vion, creating semipermanent worth is astir making deliberate choices astir wherever Vion tin make the astir worth and focusing its resources, investments and capabilities accordingly.

"Food Service is simply a beardown and palmy concern with important maturation potential. At the aforesaid time, Vion's strategy is progressively centred connected strengthening its integrated worth chains and halfway markets successful the Benelux region."

In May, the institution agreed to merchantability its slaughterhouse successful the German municipality of Buchloe to Ireland-based ABP Food Group.

A period earlier, Vion offloaded its sites successful Crailsheim and Waldkraiburg to Boeser Frischfleisch and OSI Europe Foodworks, respectively.

In January, the radical announced the imperishable closure of its deboning installation successful Hilden aft regulators blocked its projected sale, with the determination affecting 160 employees.

Vion said it is looking for a purchaser for Best Hides, its hides processing concern successful Germany.

"Vion sells foodservice limb to Group of Butchers" was primitively created and published by Just Food, a GlobalData owned brand.