VION announces successful completion of MBO for UK Pork division

Following the announcement on the 13th December 2012 of an agreement for a management buy-out of its UK pork operations VION is pleased to announce that this deal has now been completed.

Commenting on this announcement Peter Barr, chairman of VION UK, said: “Following the formal completion of the MBO, we would like to wish the new management team every success as the business embarks on the next stage of its development.”

VION N.V. is an internationally operating food company with two core activities: Food and Ingredients. The group produces high-quality foodstuffs for humans and animals. In 2011, VION's turnover amounted to €9.5 billion. At the close of 2012, the company employed well over 25,000 staff. VION is not a listed company and has one shareholder, the Dutch Zuidelijke Land- en Tuinbouworganisatie (ZLTO), an agricultural and horticultural association with some 18,000 members. VION’s head office is located in Eindhoven, the Netherlands.

VION UK produces and processes high quality beef, lamb, and chicken in addition to convenience products such as added value cooked chicken across its 30 sites in Scotland, England and Wales.  The group’s extensive facilities across the UK range from farms and hatcheries to primary production, processing and packing. 

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