The EU has cleared a move by the shareholders of Germany-based meat giant Tönnies Group to take ownership of a range of local processing peers.
Brussels has given the green light to the acquisition of joint control of Zur Mühlen Group, as well as four other businesses – Zur Mühlen Holding III, Heinrich Nölke, Döllinghareico and Emslandhaus Fleischwaren – known collectively as the Asset Group.
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Clemens Tönnies and his son Maximilian Tönnies own the assets and the European Commission has backed their move to transfer ownership to the Tönnies Group family holding. Clemens Tönnies and his nephew Robert Tönnies own the Tönnies Group.
Zur Mühlen Group, solely controlled by Clemens Tönnies operates meat processing facilities in Germany and in Poland, manufacturing a range of products made from pig meat, beef and poultry.
The Asset Group, owned solely and in parts by Clemens and Maximilian Tönnies, also does business in Germany’s meat processing sector.
The Tönnies Group is one of Germany’s largest meat companies. The core of its business is in slaughtering, with assets in Germany, Denmark and Poland. The group also has meat processing facilities in Germany, the UK, Denmark, France and Poland.
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By GlobalData
