ITALY, Parma. Sinfo One has opened its capital to two new minority shareholders, Tönnies and Fondo Agroalimentare Italiano I, to accompany and accelerate the international growth projects already under way.
The Pomi family continues to lead the company and the whole team is confirmed and ready to leverage the support of new partners to promote a new phase of sustainable growth.
Since it was established in the early 1970s, Tönnies – the largest manufacturer of meat products in Europe, and fourth largest in the world – has enjoyed continual growth thanks to its ongoing pursuit of innovation in meat processing.
Today, Tönnies turns over more than € 6 bn., can count on over 20 mill. consumers per day and exports 50% of its production. Tönnies operates on an impressive scale and its process management philosophy is very “lean”.
Innovation is central to the Tönnies approach: traceability in the European meat industry is a standard implemented by Tönnies. Technology plays a pivotal role in the company’s ongoing pursuit of innovation.
Christian Kreuter, CEO of Tönnies, commented: “As the innovation leader in the meat sector, Tönnies believes that IT solutions are crucial to overcoming the challenges of process optimization and cost rationalization as well as in the development of new markets.”
This operation will allow the Pomi family to begin a new phase in the development of Sinfo One through the following initiatives: actively participate in consolidation across the sector and expand the commercial offer to target specific new segments; maintain and strengthen food IT leadership, creating commercial synergies supported by the new shareholders; take advantage of the growing trend of IT investments and upgrades by agri-food companies.