Rising raw material prices, considerably higher energy costs and
continuing retailer pressure have cut margins at Ter Beke, a
Belgium-based processed meats and fresh ready meals manufacturer.
Two food companies in Belgium have announced plans to merge their
operations, creating the largest processed meats group in the
country and a powerhouse in the Benelux region.
Ter Beke's acquisition of the Dutch Langeveld Sleegers, a market
leader in the field of processed meats slicing and pre-packaging,
could be of great strategic importance to the company, writes
Anthony Fletcher.
The increasing popularity of chilled pasta meals across Europe has
helped drive up sales and profits at Belgian group Ter Beke in the
first half. And with a new acqusition in France set to boost sales
further in the second half, full...
