date:Apr 25, 2013
o handle the sale.
The ongoing poor market conditions, particularly in the European pork sector, have forced the company to make choices, VION said, adding that acquisitions and an increase in scale at VION Food over the past decade, have not delivered the expected results.
VION has already sold its food business in Britain and other non-core operations in an attempt to reduce debt.
The company said in the statement that 2012 had been a tough year, and that while earnings before interest, tax