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Vion sells Belgian retail activity
Dutch meat and food company VION Food Group sells
retail activities in Belgium to the management team of VION Retail in
Belgium.
The reason for the sale was to stop exploitation of meat sections in
Belgian supermarkets.
Up until now VION took care of the meat departments in Flanders and
Brussels supermarkets called De Beenhouwers, Vleesmeester and Ikena.
The relationship with one of these partners came to an end in June last year,
reducing the total amount of meat departments to be taken care of to only 35 - too
small for retail activities, VION feels.
The sale will take effect as of January 1st, 2007.
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