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Dunbia Denies Takeover Speculation

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Dunbia Denies Takeover Speculation

Dunbia Denies Takeover Speculation
November 16
15:00 2010

Dunbia, the Northern Ireland-based red meat processor, has stated there is no truth surrounding the recent speculation about an alleged takeover bid by Brazilian company, Marfrig. Dunbia co-owner and group managing director, Jim Dobson says: “Recently there has been media speculation that Dunbia is in negotiations with Brazilian meat company, Marfrig. Dunbia can categorically state that the company is not in negotiations with Marfrig or anyone else for that matter, and any assertion to the contrary is entirely untrue.”

He continues: “Dunbia remains privately owned and we are fully committed to the growth and development of our operations in Ireland and the UK. We have strategic investment plans in place to ensure we continue to meet our customers’ requirements and develop new business opportunities.”

Dunbia is one of the UK and Ireland’s leading meat processors employing over 3,200 people across ten sites, and serves retail, food service and export markets. Marfrig is already a major player within the Northern Ireland and wider UK food industry, having acquired poultry group Moy Park in 2008.

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