Financial

Animal health company bought

Carr’s acquires Animax for £8.5m

By Michelle Perrett

Carr’s, the agriculture and engineering group, has acquired animal healthy product producer Animax for £8.5m.

Senior appointment at Vion

Management change at Vion

By Aidan Fortune

International meat producer Vion has announced the appointment of John Morssink as chief financial officer.

Russian processor margins squeezed

Perfect storm for Russian meat processors

By Vladislav Vorotnikov

Average profitability for meat processors in Russia meat processors has hit one of its lowest levels ever, as the industry finds itself caught between high prices for raw materials and weak purchasing power among consumers.

Deal signed for meat industry robotics

Frontmatec acquires 40% of AIRA

By Michelle Perrett

Frontmatec, the company that produces automation systems for the food industry, has entered into an agreement to acquire 40% of the shares in AIRA, (Assessorament Industrial Robotica I Automatitzacio) the supplier of advanced robotic solutions for the...

Kisvárda plant expansion plans

news in brief

Master Good set to expand Kisvárda plant

By Aidan Fortune

Hungarian poultry processor Master Good is to embark on a HUF15 billion (bn) expansion plan for its Kisvárda plant, aided by a Government grant of HUF3.4bn.

Scandi Standard has acquired a majority stake in poultry processor Rokkedahl Foods

Scandi Standard acquires majority stake in Rokkedahl Foods

By Aidan Fortune

European poultry manufacturer Scandi Standard has entered into an agreement to purchase 51% of shares in organic chicken producer Rokkedahl Foods through its Danish subsidiary Danpo for an undisclosed sum.

CPF looks to grow overseas business

Charoen Pokphand Foods to expand overseas business

By Michelle Perrett

Food conglomerate Charoen Pokphand Foods (CPF) has revealed plans to generate more business growth from overseas operations, focusing on increasing capacity in Thailand and foreign bases to serve the export market.