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.

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