VION Restructures

Europe's largest meat processing company, VION, is to restructure to a business model with regional control for two core activities Food and Ingredients, the company says.

The move follows the acquisition of the Grampian Country Food Group in the UK in August last year and the change in the make-up of the Executive Board, which was announced in November.

VION’s new organisation and business model came into effect on 19 March, replacing the divisional structure which has been in place since July 2006.

VION has two core activities: Food and Ingredients. In the new organisational structure both activities have been anchored at Executive Board level in order to guarantee the synergy between both activities, the company says.

Organising the two core activities at regional level, VION says will enable it to operate as close as possible to the markets of clients and suppliers.

VION has an annual turnover of EUR9.6 billion and employs 35,500 staff worldwide.