DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

Vion Set Up Management Board To Oversee Merger

By square1
Share this article
Vion Set Up Management Board To Oversee Merger

Dutch meat processor the Vion Food Group has created a whole new management system to assist in the integration of its operations in Germany and the Netherlands.

Vion's new management board consists of eight people and is responsible for the direct management of the integrated Dutch and German food activities. Michiel Herkemij, CEO of Vion Food Group, is chairman of the management board, and there are a number of positions on the board yet to be filled. 

In February, Kenaad Tewarie resigned as CFO of Vion, reportedly after disagreeing with the strategy that Herkemij had enacted to try and improve profitability.

Vion food employs almost 13,000 people and recorded a turnover of €6.5 billion last year.

Just last month it struck a deal to sell its frozen foods firm Oerlemans Foods to investment company H2 Equity Partners for an undisclosed sum.

ADVERTISEMENT

In 2013, Vion sold its private label manufacturer Baltussen Holding, and in a separate deal it offloaded its UK operations to 2 Sisters.

© 2014 - European Supermarket Magazine by Enda Dowling

To sign up to ESM’s weekly e-zine newsletter, send an email with the subject: ‘Subscribe ESM news’ to [email protected]

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.