Sector News

Atria is acquiring Aalbaek Specialiteter, a manufacturer of organic cold cuts in Denmark

May 7, 2015
Consumer Packaged Goods
Atria is acquiring the business operations of Aalbaek Specialiteter A/S, a Danish manufacturer of cold cuts.  Aalbaek is Denmark’s largest manufacturer of organic cold cuts. Aalbaek Specialiteter was founded in 1920. Today, it is one of Europe’s largest manufacturers of high-quality organic meat products. Aalbaek’s product range includes various premium-grade cold cuts, patés and bacon. 
 
The demand for organic meat products in Denmark has been increasing steadily for several years. The transaction will strengthen Atria’s market leading position in cold cuts in Denmark. The transaction includes the Aalbaek’s brand, all business agreements, a charcuterie and a small production plant in Farre. Aalbaek’s production plant in Billund, which was destroyed in a fire in January 2015, is not included in the transaction. The production of Aalbaek products will be transferred to Atria Denmark’s production plant in Horsens.
 
In conjunction with the transaction, some of Aalbaek’s key personnel will transfer to Atria Denmark. 
 
As a result of the deal, Atria’s net sales are projected to grow by around EUR 10 million per year. The company will be transferred to Atria on 11 May 2015.
 
Source: Atria

comments closed

Related News

July 21, 2024

Danone taps R&D leader Carla Hilhorst to drive research and innovation strategy

Consumer Packaged Goods

Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.

July 21, 2024

Pernod Ricard to sell international wines portfolio to Accolade Wines owner

Consumer Packaged Goods

The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.

July 21, 2024

Aryzta appoints former employee Michael Schai as new CEO

Consumer Packaged Goods

Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.

How can we help you?

We're easy to reach