GERMANY

Vion sells shares in Vilshofen and Landshut to Erzeugergemeinschaft Südbayern

Vion Food Group announces the signing of an agreement to sell its shares in the Vilshofen and Landshut operations to Erzeugergemeinschaft Südbayern (EG Südbayern), which previously held a 49% stake in these facilities. The deal is expected to close later this year, subject to customary closing conditions and regulatory approvals.

Posted on Aug 21 ,00:30

Vion sells shares in Vilshofen and Landshut to Erzeugergemeinschaft Südbayern

The Vilshofen and Landshut facilities are strongly embedded in the Bavarian meat production and processing industry.The sites have a combined slaughtering capacity of 33,000 pigs and deboning capacity of 650 tons per week. Both facilities maintain high standards of quality and efficiency and are well-positioned to meet local market demands. Furthermore, they hold a strong export position in Southern Europe, enhancing their strategic relevance.

"With this agreement, Vion makes an important step in fulfilling its commitment to securing a stable and sustainable future for its German facilities. This decision is rooted in our long-standing and successful partnership with EG Südbayern. We are confident that under their full ownership both locations will continue to be successful and add value to the regional food production and supply", said Ronald Lotgerink, CEO of Vion.

"By fully integrating these facilities, EG Südbayern will continue to support its farmers, providing access to both processing facilities and ensuring their products reach a broad market with the highest standards of quality. Our primary focus remains on our members – the farmers of Southern Bavaria – whose hard work and dedication underpin our success. We will also stay a committed partner to the beef site in Waldkraiburg where we will continue supplying cattle in the future,” stated Erwin Hochecker, Chairman of the Board of EG Südbayern.

The remaining German operations of Vion are still under strategic review and will continue to run as usual until further decisions are made.

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