05 Jul 2019 | 02:59 pm | 1 min. read
Bell Food Group is divesting its German sausage products business and will in future focus in Germany on its strong position in the air-dried ham segment.
A team led by Dr Thomas Peschke advised Swiss Bell Food Group on the sale of its German sausage products business to Zur-Mühlen Group. Zur-Mühlen Group takes over the German sausage products division of Bell Food Group and the sites in Suhl and Börger, including approximately 400 employees. By this takeover, Zur-Mühlen Group is focusing even stronger on the sausage products business and will continue to expand its position on the German market, whereas Bell Food Group will in Germany focus on expanding its position in the segment of top-quality German and international air-dried ham.
The transaction is subject to the approval of the competent competition authorities.
Bell Food Group is one of the leading meat and convenience processors in Europe. Its range includes meat, poultry, cold cuts, fish and seafood as well as convenience products. With the Bell, Eisberg, Hilcona and Hügli brands, the group meets the diverse needs of its customers in the retail, food service and food industry sectors. Around 12,500 employees generate annual sales of over CHF 4 billion. Bell Food Group is listed on the Swiss stock exchange.
This was the first time that Dr Thomas Peschke's team has worked for the Bell Group since joining Pinsent Masons. Dr. Thomas Peschke is an experienced M&A lawyer with a focus on the food and beverage sector.
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