VION closes five-year credit facilities

VION Holding N.V. today announces it closed its new five-year credit facilities. The new facilities follow the implementation of the company’s new strategy plan earlier in the year.  The new facilities, which were launched at the beginning of October 2010, take advantage of current conditions in credit markets and provide VION with assured access to liquidity, giving the company additional financial flexibility.

VION N.V.
VION N.V. is an internationally operating food company with two core activities Food and Ingredients. The company produces high-quality foods and ingredients for humans and animals. VION has an annual turnover of € 9.0 billion and employs 27.000 staff worldwide. VION is a non-listed company and has a single agricultural shareholder: the Zuidelijke Land- en tuinbouworganisatie ZLTO [Dutch Southern Farmers and Market Gardeners Union] which has 18,000 members. VION’s head office is located in Son en Breugel, the Netherlands.

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Note for the editors
For further information:
Marc van der Lee, Director Communications VION N.V.
tel.: +31 88 9953731.
E-mail: marc.van.der.lee@vionfood.com