Wellink Lekkerkerk

Press release 15-02-2013

Lekkerkerk / Cuijk / Leek 15th of February 2013
This week the transaction is completed which Wellink and Teeuwissen Group have purchased 100% of the shares of the meat processing plant Beusmeat (Leek). Prior to this the Teeuwissen Group (Cuijk) took a 50% share in the Wellink Group (Lekkerkerk). Wellink`s DMC maaltijdservice, a ready-meal producer, is also part of the agreement.

Lekkerkerk / Cuijk / Leek 15th of February 2013
This week the transaction is completed which Wellink and Teeuwissen Group have purchased 100% of the shares of the meat processing plant Beusmeat (Leek). Prior to this the Teeuwissen Group (Cuijk) took a 50% share in the Wellink Group (Lekkerkerk). Wellink`s DMC maaltijdservice, a ready-meal producer, is also part of the agreement.

The mentioned companies want to strengthen their position on the international market. The combination of these three companies offers new possibilities for accelerated strategic growth. The combination creates a company with a broad portfolio of products and services for customers in the pork meat processing industry. Through our dedicated employees and product knowledge this company will be able to provide their customers with more versatility for the future, under increasingly complex worldwide conditions, with high quality products. The products produced by Wellink and Beusmeat are also an addition to the portfolio of Teeuwissen.

According to expectations the negative effect on employment are limited. The Employees Council and Unions of Wellink Group and Beusmeat have been informed.

About Wellink Group
Wellink Group is a company with almost 40 years of experience in processing pork products for the sausage-, snack and ready meal industry. Their turnover is Thirty-million euros. Wellink employs around 200 people.

About Beusmeat
Beusmeat processes and exports for almost 50 years pork products for the manufacturing industry. Turnover is 60 millions euros. Beusmeat employs around 350 people.

About Teeuwissen
Teeuwissen Group is an international company who invents and develops optimal destinations for meat and meat by-products. They strive to get the maximum value out of their products.
The head office is settled in Cuijk. Worldwide Teeuwissen Group employes more than four thousand people, divided over four continents. Teeuwissen is not stock market listed.
The company has six shareholders among them the German company SARIA/RETHMANN.