FLEISCHWIRTSCHAFT international 1/2017

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Fleischwirtschaft international 1_2017
Business News
CP Foods
Takeover of Bellisio completed
Thailand’sCharoen Pokphand
Foods (CP Foods) has taken over
frozen specialist Bellisio Foods
with a$1.075 bn. deal. CP Foods’
huge deal to take over Bellisio
Foods marks its first acquisition of
aUSfirm.
The transaction brings together
one of America’smost dynamic
frozen food firms with the might of
Thailand’sdominant verticallyintegrated
meat business. Bellisio
manufactures and distributes
single-serve frozen entrées under
anumber of brands, such as Michelina’s,
Atkins, Boston Market,
Chili’s, EatWell and Eat. Bellisio also
produces arange of private-label
and foodservice items. In business
for over 25 years, Minneapolis-based Bellisio
Foods manufactures more than 400 frozen food
items and CP Foods said the well-known brands
would enhance its US operation. CP Foods
acquired all outstanding interest in Bellisio
Financial expert called Charoen Pokphand Foods (CP Foods) the
ideal partner for Bellisio Foods. Photo: Bellisio Foods
from US-based private equity firm Centre Partners.
Bruce Pollack, managing partner at the
investment firm, described CP Foods as the
ideal partner for Bellisio.
//www.cpfworldwide.com
Atria
Company’s pork exports to China will start
Atria Finland Ltd has signed the contract of the
first pork delivery to China. Atria supplies frozen
pork products to its Chinese customers around
3mill. kg during the year 2017.
The delivery includes all types of products
derived from apig carcass. The first delivery to
the customer will be realized in earlyMay.The
company has reached an agreement with their
Danish Crown
Acquiring Teterower Fleisch
Danish Crown is acquiring the German cattle
slaughterhouse Teterower Fleisch to become the
fifth-largest cattle slaughterhouse in Germany.
The purchase price will not be disclosed.
Teterower Fleisch in Mecklenburg-Vorpommern,
afederal state in Germany, has an annual turnover
of 150mill. €, slaughters 110000 cattle annually,
has 187employees and is privatelyowned. Close to
20% of the cattle slaughtered by Teterower Fleisch
are organic. The company also slaughters pigs and
lambs, but mainlycattle. Danish Crown’sbeef
division also has significant slaughtering activities
in the north German city of Husum, where almost
90000 animals are slaughtered annually. Following
the takeover of Teterower Fleisch, the plan is to
run Danish Crown Beefs existing slaughterhouse
activities in Husum and the newlyacquired business
as an integrated unit, focusing on specialization
and on utilizing synergies in the international
Chinese customers of the first deliveries of
meat to China. Negotiations with customers are
progressing well and the first large-scale
delivery is evaluated as apromising start to
long-term cooperation, said Juha Gröhn Atria
Group's CEO.
//www.atria.com
markets that both companies serve. The agreement
on the acquisition of Teterower Fleisch has
been reported to the German federal cartel office
(the Bundeskartellamt), which must approve the
takeover.
//www.danishcrown.com
The Danish company will become the
fifth-largest cattle slaughterhouse in
Germany.
Viskase
Company acquires
Walsroder Casings Group
Viskase Companies, Inc., announced that it has
signed adefinitive agreement to acquire 100% of
the equity interests in Walsroder Casings Group
(including its subsidiaries Walsroder Casings
GmbH and Walsroder Casings Polska Sp. zo.o.),
headquartered in Bomlitz, Germany, from Quota
International GmbH and CT Holding GmbH. The
acquisition also includes the casing business
assets of Poly-clip System, LLC, Walsroder’s US
distributor and an affiliate of Quota, located in
Mundelein, Illinois.
After several decades, Walsroder is widely
recognized by the processed meat industry for
its high quality product line of fibrous and plastic
casings and innovative manufacturing technology.The
company’sproducts are distributed
throughout the world. There are manufacturing
and distribution facilities in Germany and Poland,
and distribution in the US through Poly-clip.
For the year ending 2016,Walsroder’s total
turnover is approximately$60 mill. This acquisition
will strengthen and complement Viskase’s
broad product line of fibrous and plastic casings
and provide additional production capacity for all
of Viskase’skey markets. Final closing of the
acquisition is expected by mid-January, once
regulatory requirements are completed. Transition
of the Poly-clip casings finishing and distribution
business in the US to Viskase will occur
over the next few months to ensure that all
customer needs will continue to be satisfied.
//Viskase.com
Miratorg
Increases in food
production recorded
Miratorg Zapad, Russia’slargest producer of
frozen semi-finished meat products and readyto-eat
meals reports a27% increase in production
to over 43000 tin2016.
The plant with atotal capacity of 80000 tof
products per year produces more than 150
different types of products and is akey supplier
for international restaurant chains in Russia.
The enterprise is also certified for supplyinto
foreign markets.
The company’sstrategy focuses on consistent
growth of production volumes and expansion
of product lines to satisfy the demand for
high-quality meat semi-finished products and
ready-to-eat meals both for Horeca sector and
the retail market. Miratorg additionallyinvested
more than 1bnrubles in increase of the enterprise
capacity and the installation of new hightech
lines that allow manufacturing of products
unique for the Russian market. In 2017 the
enterprise will continue to increase production
and start new types of semi-finished products.
//www.miratorg.ru/en