November 27, 2014 6:54 AM ET

Food Products

Company Overview of VION Holding N.V.

Company Overview

VION Holding N.V., a food company, produces and sells foodstuffs in the Netherlands and internationally. The company offers pork and beef, and derived products for the retail, food service, and processed meat industries. It also supplies client-specific products and concepts to retail, industrial, and food service clients. The company markets its products under the Q-linaire, SALOMON FoodWorld, encebe vleeswaren, De Groene Weg, Food Family, weylander, hackplus, Quisit, and SERVEASY brands. VION Holding N.V. is headquartered in Eindhoven, the Netherlands.

Noord Brabantlaan 303-307

Eindhoven,  5657 GB

Netherlands

6,669 Employees

Phone:

31 88 995 3700

Fax:

31 88 995 3888

Key Executives for VION Holding N.V.

Chief Executive Officer and Chairman of Executive Board
Age: 50
Advisor to Supervisory Board
Compensation as of Fiscal Year 2014.

VION Holding N.V. Key Developments

VION Food Group Announces Investment in Bavarian Meat Processing Plants

VION Food Group has announced new investment in its meat processing plants in Bavaria, Germany. As part of its investment, the company will expand its operations at Waldkraiburg, Landshut and Vilshofen. Almost half of the investments will focus on the expansion of the slaughter- and cutting plant in Landshut, Bavaria. Completion of the project in mid-2015 will see processing capacity almost double to 21,000 pigs per week. In Vilshofen, another specialist pork slaughterhouse in Bavaria, millions more will be invested to install equipment, that will optimize processing efficiencies. Vion assumes that the parties of the minority shareholder, producer association Südostbayern eG, will also approve the investments in Landshut and Vilshofen. Landshut and Vilshofen are key regional pork businesses for Vion and are important for the export market. At the same time, Vion is to invest in the Waldkraiburg plant in Upper Bavaria. This will become the large beef plant within Vion, with capacity increasing from 3,000 to 4,500 cattle per week. Pig processing will focus on the Landshut and Vilshofen sites and the Waldkraiburg plant will become the large beef plant. As a result, it is envisaged that in the long-term, the business locations at Straubing and Pfarrkirchen will close. It is also planned to close the beef processing plant at Leutkirch, with cattle being re-directed to the Buchloe and Crailsheim operations.

VION N.V Reports Earnings Results for the Year Ended December 31, 2013

VION N.V reported earnings results for the year ended December 31, 2013. For the year, the company reported net result of €516.08 million, compared to a net loss of €829.66 million for the year ended December 31, 2012. Net sales were €7.03 billion, compared to €9.62 billion for the year ended December 31, 2012. Total operating income was €7.9 billion, compared to €9.75 billion for the year ended December 31, 2012.

Vion Food Announces Appointment of Kenaad B. Tewarie as Chief Financial Officer with Effect from September 1, 2013

Vion Food has announced the appointment of Kenaad B. Tewarie as its chief financial officer with effect from September 1, 2013. Tewarie will report to CEO VION Food Stefaan Vansteenkiste. He is currently the CFO/CIO of Euretco. At Euretco, B. Tewarie successfully supervised the merger with and the integration of the retail-service organisation Intres. From 2001 to 2007, he worked as CFO and member of the board of directors of the Laurus supermarket organisation.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 13, 2014
FVZ Convenience GmbH
Merger/Acquisition
May 19, 2014
VION N.V., German Convenience Retail Segment
Merger/Acquisition
March 11, 2014
Klaus-Dieter Fuchs GmbH
 

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