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VION: acquisition of Grampian announced
VION, headquartered in the Netherlands have signed an
agreement to acquire Grampian, one of the UK's largest food companies. This
acquisition sees VION strengthen its UK position, where it has successful
operations in the fresh pork, bacon and sausage markets. The takeover will be
submitted to the competition authorities.
"This announcement is evidence of the great importance VION attaches to the
UK market. At the heart of VION's business is a 'Passion for Better Food' and
Grampian is key to developing this strategyâ€, comments Daan van Doorn, Chairman
of the VION Board of Management. "The combined group will become a major player
in the UK food industry. Together with Grampian's management we want to further
intensify the cooperation with our retail clients by investing in Grampian,
sharing knowledge and developing partnerships."
Investment
VION is one of Europe's largest food companies. Its roots lie in
the agricultural and meat sectors and it has strong ties there. VION holds a
central position in the supply chain and translates market and consumer
developments to the agricultural sector. VION thereby provides an active
contribution to and investment in a sustainable future for the agricultural
sectors in Holland, Germany and the UK.
Current operations
In the UK, VION currently has four business operations. Key Country
Foods is a major UK retail bacon processor. VION also has a majority share in
J&J Tranfield, a leading supplier and manufacturer of pizza and sausages.
VION Food UK Ltd is responsible for the sales of bacon, fresh pork, beef and
convenience products to the UK market.
VION company Oerlemans Foods
offers fresh frozen vegetables, potato products and fruit through its UK sales
office.
UK management
Grampian will be integrated
into the new VION division, VION UK. This division will be managed from the UK
and led by Ton Christiaanse who will be appointed CEO VION UK. Ton Christiaanse
is currently COO of VION's Convenience Division. Peter Barr, formerly chairman
of the Meat and Livestock Commission in the UK, will be appointed as
non-executive Chairman of the Board of VION UK.
Related
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