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Current Position:Home » News » Agri & Animal Products » Meat & Seafood » Topic

Vion Set Up Management Board To Oversee Merger

Zoom in font  Zoom out font Published: 2014-03-19  Views: 20
Core Tip: 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.
Dutch meat prVion Food Groupocessor 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.

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

 
 
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