VION’s Sale of Oerlemans Foods Collapses10 May 2013
NETHERLANDS - Dutch and German based meat processor VION NV has called off the sale of its fruits and vegetable business, Oerlemans Foods, to Baltussen Holding BV.
The company that is divesting itself of non-core meat processing interests said that no agreement was reached over the definitive conditions and price for Oerlemans Foods.
VION announced the intended sale on 11 January because Oerlemans Foods no longer constitutes part of the company's core activities.
Now, Oerlemans Foods will remain an independent company within the VION Food Group.
Thanks to its strategic initiatives, Oerlemans Foods has managed to develop itself even further. This has led to a substantial improvement in financial performance. In 2013, Oerlemans Foods observes positive developments in the markets they are active in.
TheMeatSite News Desk