Poland

Sokolow Group finalizes the takeover of Gzella Meat

Mergers & Acquisitions

A production facility of 6,000 tonnes a month and 200 stores have been added as assets to the company.

Posted on Jun 08 ,07:00

Sokolow Group finalizes the takeover of Gzella Meat

Sokolow Group, one of the biggest meat producers in Poland, has announced the finalization of the takeover of Gzella Meat Group - a producer of cold cuts from Bory Tucholskie. In March, Polish Office of Competition and Consumer Protection granted green light for this merger that adds a production capacity of 6,000 tonnes, a logistics base and a network of 200 stores of meat deli. Before the merger, Sokolow Group network of stores was of 48.
In this way, the Gzella Meat plant in Osie, Bory Tucholskie has become the eighth production plant detained by Sokolow Group. The company employs over 7,000 employees. The production sold in 2017 from seven production plants and three subsidiaries amounted to PLN 3.667 billion (€ 858 million). Total meat production reported last year has reached 331,000 tonnes, of which 73% was distributed on the domestic market and 27% was exported.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

SPAIN

INTERPORC regrets the decision of the CHS to block the development of farms in Murcia

This measure, in his opinion, does not at all reflect the important advances that the Spanish liv...


Read more Read more
DENMARK

New Danish Crown board in place

Soren Skou was elected chairman, and Daniel O. Pedersen and Ulrik Bremholm were elected to the tw...


Read more Read more
NEW ZEALAND

B+LNZ South Island lamb crop update

Lambs tailed in the South Island decreased by an estimated 645,000 head (-6.4%) compared to 2023,...


Read more Read more
Websolutions by Angular Software and SpiderClass