Vion in talks to sell pork operation to management
VION, the meat processing firm, is set to conclude a deal to sell its pork operations to management.
VION, the meat processing firm, is set to conclude a deal to sell its pork operations to management.
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However, the deal under discussion does not have any bearing on its plans for its giant plant at Broxburn, West Lothian, which is scheduled to close in February with the loss of 1700 jobs.
Two weeks after revealing plans to sell its UK food businesses, Vion is reported to be in advanced talks to sell the pork processing unit to a management team backed by the Endless private equity operation.
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