Vion completes 2 Sisters deal

Vion completes 2 Sisters deal

Following the announcement that an agreement had been reached with Boparan Holdings Limited, the holding company for 2 Sisters Food Group for the sale of its red meat and poultry activities, Vion has now completed the deal.

Commenting on this announcement Peter Barr, chairman of Vion UK, said: “Following the formal completion of the sale we would like to wish the 2 Sisters management team every success with their newly expanded business.”

The sale, agreed back in March, was welcomed by ministers in both Scotland and Wales. Edwina Hart AM, Welsh Business Minister, said: “I welcome today’s announcement that 2 Sisters is to acquire VION’s poultry and red meat businesses, which safeguards the future of their operations in Wales. We have been working closely with both VION and 2 Sisters to help secure this deal in order to sustain the future for the workers and the supply chain in Wales.”

John Swinney MSP, Secretary for Finance, Employment and Sustainable Growth in the Scottish Government, called it: “A significant step forward and my officials and I look forward to working with 2 Sisters over the coming months in order to secure a sustainable future for the plants in Scotland. This is a time of significant opportunity in building the food sector in Scotland and the involvement of 2 Sisters assists that process.”

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