Investec has advised the shareholders of Vion on the sale of its shares in Topigs Norsvin to management.

About the deal

Vion Food Group is a leading international food company headquartered in Boxtel, the Netherlands, specializing in the production and supply of pork, beef, meat alternatives, and semi-finished products. With more than 12,000 employees and operations across the Netherlands, Germany, and Belgium, Vion processes millions of pigs and cattle annually, delivering safe, high-quality protein solutions to customers in retail, foodservice, and the broader food industry.

As part of a strategic transformation, Vion divested non-core activities to sharpen its focus on core operations in the Benelux region. This includes the recent sale of its minority stake in Topigs Norsvin, aligning with the company’s ambition to streamline its portfolio, enhance operational efficiency, and accelerate innovation in sustainable protein production – solidifying its leadership in its home markets.

Topigs Norsvin is a French globally recognized provider of swine genetics, known for its balanced breeding programs and commitment to innovation. Through cutting-edge research, genetic expertise, and strong local support networks, the company empowers pig producers worldwide to improve productivity, animal welfare, and environmental sustainability.

What we did

Investec advised the shareholders of Vion Food Group throughout the sales process, with:

• Meetings with management of Topigs Norsvin to firmly understand the business and its intrinsic value;
• Market analysis
• Detailed financial analysis and valuation;
• Advisory on key value drivers.