Bell Food Acquires Hermann Wein As Plant Consolidation Revealed

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Switzerland-based nutrient elephantine Bell Food has acquired German cured ham shaper Hermann Wein to fortify its semipermanent competitiveness.

The nonsubjective besides includes consolidating accumulation accommodation astatine Bell Food’s convenience nutrient subsidiaries Hügli and Eisberg, according to a connection coming (4 November).

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It plans to unopen nan company’s Hügli works successful Redditch, nan UK, and relocate accumulation to its sites successful Germany and nan Czech Republic.

Bell Food said nan Hermann Wein acquisition is portion of an plus woody pinch nan extremity of strengthening nan business’s position successful nan European cured ham market.

Financial specifications of nan transaction were not disclosed.

The woody is taxable to support of section title authorities and is expected to adjacent successful nan outpouring of 2026.

Bell successful Germany is portion of nan genitor company’s world division, which besides includes nan businesses successful Spain, France and Portugal.

According to nan statement, nan nutrient shaper plans to cease operations astatine its Redditch site, a move that will impact astir 80 jobs.

Production will beryllium switched to its factories successful Radolfzell successful Germany and Zàsmuky successful nan Czech Republic “over nan mean term”. Bell said nan move is aimed astatine improving capacity utilisation and achieving economies of scale.

Bell Food said its income organisation will stay successful spot successful nan UK to “further grow nan well-established marketplace coverage” successful nan country.

Hügli is specialised successful long-life convenience foods for unit and foodservice.

As portion of nan nutrient giant’s optimisation efforts, nan business said it is presently revising its Eisberg tract successful Marchtrenk, Austria, arsenic a intends to summation profitability successful nan agelong term.

Bell Food added: “As portion of this focus, parts of nan infrastructure and circumstantial accommodation will nary longer beryllium required. These measures will fortify Eisberg’s competitiveness and create nan conditions for improving tract profitability.“

Just Food has contacted Bell Food for further details.

The institution recently sold its Eisberg accumulation accommodation successful Hungary, Poland and Romania.

The business said coming nan disposals had resulted successful a “one-off summation of €11m [$12.6m] astatine nan EBIT level and €7m astatine nan institution profit level”. 

The institution said “these measures will consolidate nan Bell Food Group’s marketplace position and optimise its accumulation landscape”.

Bell Food said it expects to incur SFr60m ($74m) successful write-downs connected pinch nan installation consolidation.

Headquartered successful Basel, Switzerland, nan company’s portfolio includes meat, poultry, cured meats, convenience and vegetarian products.