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December 15, 2015

Meat group Dunbia weighing up options

Dunbia, the UK-based meat processor, is mulling how to "maximise the potential" of the company after attracting interest in the business.

By Beth Wright

Dunbia, the UK-based meat processor, is mulling how to “maximise the potential” of the company after attracting interest in the business.

The company said it had received “several serious expressions of interest from would-be investors” in the past two years.

“Dunbia has enjoyed consistent growth over the past number of years and has ambitious plans to grow and expand the business. Market dynamics are continually evolving and we are currently exploring the best options to ensure that we are well placed to meet the demands of the marketplace, now and in the future. We have received several serious expressions of interest from would-be investors over the past two years and we are now considering options for maximising the potential of the company going forward,” a spokesperson said.

Dunbia declined to comment on whether the interest was still on the table or on the nature of the interest – whether it had involved a full takeover of the business or what type of company had been eyeing the group.

The company has been looking to build its international business this year. Last month, Dunbia announced it had been granted provisional approval by Beijing to start exporting pork products to China.

In May, Dunbia announced a joint venture agreement with Dutch beef supplier Shannon Meats to work in the Benelux markets and, in future, Germany.

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In March, Dunbia said it was investing in a new boning hall and in production in Northern Ireland to support its export business.

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