Irish meat processor Dawn Meats has acquired German importer and distributor Alexander Eyckeler for an undisclosed sum.
In a statement, Dawn Meats said the deal is part of its “ongoing integration” with New Zealand’s Alliance Group.
The Irish family-owned business agreed late last year to acquire a 65% stake in the Kiwi co-operative for NZ$270m (then $154.4m).
Dawn Meats chief executive Niall Browne said today (12 May) the acquisition “strengthens our ability to serve customers in-market”, brings the group “closer to key customers in Germany” and “improves co-ordination across supply and logistics”.
Based in Erkrath, near Düsseldorf in western Germany, Alexander Eyckeler has spent more than 25 years importing and marketing chilled and frozen meat specialties from overseas, Dawn Meats said.
The company has also been a long-standing distributor in Germany for Alliance Group’s Ashley-branded lamb, mutton and venison, building what the Irish family-owned business described as a “dominant” position in the market.
Alexander Eyckeler’s management team, including joint managing directors Markus Wagner and Andreas Gitschel, will remain involved in the business alongside Dawn Meats Germany sales director Egbert Klokkers.
The company said executives are confident “significant synergies will be realised” through the deal.
In the statement, Wagner said: “This development marks a new chapter in the company’s long-standing partnership with Alliance Group and its parent company Dawn Meats.
“We are confident that the trusted relationships built over decades with all our customers and suppliers will remain at the heart of Alexander Eyckeler GmbH’s approach, with the current team continuing to manage key accounts and oversee daily operations.”
Dawn Meats operates across Ireland, the UK and New Zealand.
“Dawn Meats snaps up German importer Alexander Eyckeler” was originally created and published by Just Food, a GlobalData owned brand.
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