Vion takes a majority share in J&J Tranfield

by Editor
Thursday, December 27, 2007

The Dutch food company Vion is acquiring a majority of the shares of the UK food company J&J Tranfield. Both parties have reached an agreement on this investment.

J&J Tranfield specializes in the production of sausages and pizzas for the British retail and foodservice market. The company has an annual turnover of approximately €175 million. The UK is an important market for Vion, the company says in a press release. The market for convenience food in the UK is developing fast. The need for suppliers who offer a wide range of convenience food products is growing.

Both parties will also start collaborating in production, innovation, logistics and sales. The present J&J Tranfield management will continue to have responsibility for running the business.

Vion N.V. is an internationally operating food group that produces high-quality foods and ingredients. The group consists of three internationally operating divisions: Ingredients, Fresh Meat and Convenience. Vion has an annual turnover of more than €7.4 billion and provides employment to 15,150 employees worldwide. The head office is in Son en Breugel, the Netherlands.

J&J Tranfield has 7 production locations in the UK and sells its products primarily in the UK market. The company employs 1,400 people.