Breaking News on Global Meat Trading and Processing

Headlines > Financial

Read more breaking news



German group buys two meat companies

Post a comment
Oscar Rousseau

By Oscar Rousseau+

Last updated on 12-Apr-2017 at 14:02 GMT2017-04-12T14:02:22Z

DBAG said Abbelen is the largest manufacturer of chilled meatballs in Germany
DBAG said Abbelen is the largest manufacturer of chilled meatballs in Germany

Private equity group Deutsche Beteiligungs AG (DBAG) has swooped on two family-run meat firms in a bid to create a chilled foods "market leader" in Europe.

DBAG has bought a 90% stake in UK prepared foods business Oscar Mayer and German-based Abbelen for undisclosed sums.

Abbelen is said to be to be the largest manufacturer of chilled meatballs and ready-to-cook burgers in Germany.

Oscar Mayer makes retail-label prepared foods for the UK’s leading supermarkets, colloquially known as the Big Four – Tesco, Asda, Sainsbury’s and Morrisons.


Through the acquisition of the two companies, the German private equity firm DBAG hopes to create a “market leader” in Europe’s convenience food space by creating a joint management holding company.

We believe it is a very attractive entrepreneurial approach to create a European market leader with leading national suppliers of fresh convenience food products,” said Dr Rolf Scheffels, a member of the DBAG executive board.

The market for ready-to-serve foods and snacks is hardly cyclical and is growing steadily with high rates, so we are investing in a particularly attractive segment of the food market.


The two new companies will be managed independently under the umbrella of the unnamed joint management holding company. With the double acquisition, still subject to regulatory approval, DBAG hopes to develop new products and lift global sales.

More acquisitions of food companies are expected in the future, although DBAG did not specify how soon it hoped to announce further takeovers.

Oscar Mayer is said to be a UK market-leading producer of retail-ready prepared foods and operates four sites across England and Wales, with 2,650 employees. It is unclear if any jobs are at risk because of the takeover.

The company’s chief executive John Bigwood said DBAG was the “right partner” to help grow the business in a “promising way”.

Germany meatball and ready-to-eat hamburger producer Abbelen employs more than 600 staff in a single factory in North Rhine-Westphalia – home to a high concentration of German meat factories. Abbelen produces private-label meat products for retailers.

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Related products

Related suppliers