Swiss meat processor Bell Food Group has announced that it is selling its production plants in Perbál, Hungary and Saint-André, France.
The company says the divestiture of these locations with ‘low strategic value’ is part of ongoing restructuring of its international charcuterie activities. Bell Food Group has already withdrawn from the German sausage business.
The Perbál location is a specialised charcuterie production plant with almost 200 employees, which Bell Food Group claims generated around €20 million in sales revenue every year.
The company expects to sell the facility to the Hungarian company Spar on 31 October 2020. The transaction is subject to the approval of the national competition authorities.
The production plant in Saint-André-sur-Vieux-Jonc is being sold to the French company Isla Délice, with the transition planned for the end of February 2021.
Bell Food Group says that the facility was used for the slicing and packaging of meat products, while also serving as a logistics hub. Its activities will be integrated into the company’s Teilhède facility, the largest of its five other production sites for air-dried ham and salami in France.
In both cases, all employees will be taken on by the new owners. The terms of neither transaction have been disclosed.
© FoodBev Media Ltd 2020