Bell Food Group, the Swiss meat processor and convenience food specialist, has announced the sale of two production plants in France and Hungary.
The production facility based in France, with 70 employees, will be sold to Isla Delice, a French halal meat supplier while the Hungarian charcuterie facility will be acquired by the retailer Spar Hungary.
The transactions are part of the company strategy to restructuring its international charcuterie business, selling factories considered to have “low strategic value”, like the sale of its German sausage business last summer.
According to sources, these transactions will not have any significant one-off effects or any material impact on the Group’s operational result.
The terms of the deals were not disclosed.
Sources: Bell Food Group PR