Press releases

24.05.2019

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The Bell Food Group posted growth in the first half of 2018 with a lower half-year profit

16.08.2018, Ad hoc publicity

The Bell Food Group's sales revenue improved by CHF 327.6 million to CHF 2.1 billion in the first half of 2018. At 268.3 million kilograms, sales volume is up by 19.9 percent on the prior-year period. EBITDA improved by CHF 6 million following the acquisition of Hügli. EBIT declined by CHF 10.2 million to CHF 55.2 million, primarily because growth was posted for product ranges offering smaller margins in Switzerland and for the poultry business of Bell International.

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The Bell Food Group invests in cultured meat. The Bell Food Group's operating performance for the first half is down on the prior-year period.

17.07.2018, Ad hoc publicity

The Bell Food Group is investing in the Dutch start-up Mosa Meat, the world's leading company for cultured beef. The objective of the upcoming development phase is to successfully bring cultured beef to market by 2021. This will provide an alternative to consumers who are re-evaluating their consumption of meat for ethical reasons and make it possible to meet the growing demand for meat in a sustainable manner.  

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Successful rights issue of Bell Food Group: 99.15% of the subscription rights for new registered shares have been exercised

06.06.2018, Ad hoc publicity

The exercise period for the new registered shares of Bell Food Group AG («Bell Food Group») in the context of the ordinary capital increase ended today, 12:00pm noon (CEST). In total, 2,285,712 new registered shares were offered to existing shareholders of Bell Food Group, whereby seven rights granted the holder thereof the right to purchase four new shares at the offer price of CHF 268.00 each.

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Bell Food Group announces final terms of the planned capital increase with subscription rights as well as results for the first quarter 2018

25.05.2018, Ad hoc publicity

Bell Food Group AG («Bell Food Group» or the «Company») today announces the final terms of the planned capital increase with subscription rights to refinance the acquisition of Hügli Holding Aktiengesellschaft («Hügli»), to continue the previously announced strategic investment program in Swiss production facilities, and to make further growth investments in the convenience segment. The expected gross proceeds from the capital increase amount to approximately CHF 612.6million.

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Bell Food Group publishes definitive end result of the public tender offer for all publicly held bearer shares of Hügli Holding Aktiengesellschaft

24.05.2018, Ad hoc publicity

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Bell Food Group Ltd publishes provisional final result in public tender offer for Hügli Holding Aktiengesellschaft

18.05.2018, Ad hoc publicity

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Bell Food Group publishes definitive interim result of the public tender offer for all publicly held bearer shares of Hügli Holding Aktiengesellschaft

02.05.2018, Ad hoc publicity

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Bell Food Group Ltd publishes provisional interim result in public tender offer for Hügli Holding Aktiengesellschaft

26.04.2018, Ad hoc publicity

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The Bell Food Group takes over the salad and fruit specialist Sylvain & CO

25.04.2018, Ad hoc publicity

The Bell Food Group company Eisberg is taking over Sylvain & CO SA. The Vaud-based company specialises in the processing of salads, vegetables and fruit and generates annual revenues of some CHF 40 million with 180 employees. All employees will be taken over. 

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Bell Food Group Ltd publishes offer prospectus regarding public tender offer for Hügli Holding Aktiengesellschaft

26.02.2018, Ad hoc publicity

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The Bell Food Group continues its strategic growth

13.02.2018, Ad hoc publicity

The Bell Food Group consistently pursued its adopted strategy in the 2017 financial year and continued to grow further. Proceeds from the sale of goods increased by 5.9 % to CHF 3.6 billion. Sales volume rose by 9.6 % to 453.8 million kilograms. Net profit improved by 5.9 % to CHF 106.5 million. The convenience business segment was strengthened further with the full takeover of Hilcona and Eisberg and the commencement of building work on a new convenience plant in Marchtrenk in Austria. 

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24.05.2019

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Competition authority approves the acquisition of Hügli Holding Aktiengesellschaft by Bell Food Group Ltd

08.02.2018, Ad hoc publicity

Basel, 8 February 2018 - Yesterday, the competent competition authority (European Commission) approved the acquisition of Hügli Holding Aktiengesellschaft (Hügli) by Bell Food Group without attaching any conditions.

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Bell Food Group announces public tender offer for Hügli

15.01.2018, Ad hoc publicity

Significant expansion of Bell Food Group’s position in the European convenience food market

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Competition authorities approve the full takeover of Hilcona AG by Bell Food Group Ltd

14.09.2017, Ad hoc publicity

The competent competition authorities have approved the full takeover of Hilcona AG by Bell Food Group Ltd without attaching any conditions.

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Solid profit growth in spite of higher raw material prices

17.08.2017, Ad hoc publicity

The Bell Food Group's sales revenue improved by 7.3 percent to CHF 1.73 billion in the first half of 2017. At CHF 130 million, EBITDA was up 8.5 percent year-on-year. In the same period, the net profit after third-party interests increased by 9.1 percent to CHF 39.5 million.

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German Cartel Office abandons proceedings against Bell Germany

23.06.2017, Ad hoc publicity

The German Cartel Office abandoned its antitrust proceedings against Bell Germany. This cancels the fine of EUR 100 million imposed in July 2014.

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Bell Food Group expands its convenience business area

30.05.2017, Ad hoc publicity

The Bell Food Group is buying the block of Hilcona shares held by the Toni Hilti Family Trust to become the sole owner of the Hilcona Group. The Group is also building a new production plant for convenience products in Austria.

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Bell sells branch shops in the Czech Republic

10.04.2017, Ad hoc publicity

As part of a management buyout, Bell is selling its Novak branch shops in the Czech Republic to the current managing director. The retail business in the Czech Republic did not belong to the Bell Group's strategic business areas. The organisational conditions have been established to secure all jobs and the continuation of the company. Some 630 employees in 87 branch shops generated a net revenue of CHF 35 million in 2016. The parties have agreed to keep the details of the management buyout confidential. The transaction will be executed retroactively on 31 March 2017.

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Bell expands its market position in Spain

07.04.2017, Ad hoc publicity

The Bell Group is taking over the production plants of the Spanish ham and charcuterie specialist Nobleza Ibérica. The ground-breaking ceremony for the planned new Serrano ham facility will also take place on 25 April 2017. Bell is thus considerably expanding its position in the growing Spanish charcuterie segment.

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Bell Group grew substantially in 2016

23.02.2017, Ad hoc publicity

Sales grew by 20.3 % to CHF 3.390 billion and sales volumes grew by 50.5 % to 414,260 tonnes. Profit rose by 6.1 % to CHF 101 million.

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Bell Group posts sales revenue of more than CHF 3 billion for first time in 2016

14.02.2017, Ad hoc publicity

In 2016, the Bell Group increased its sales by 20.3% to CHF 3.390 billion. Operating income also improved by 20.3% to CHF 3.346 billion and sales volumes grew by 50.5% to 414,260 tonnes. This strong growth was mainly driven by the acquisitions. The full 2016 Group results will be published on 23 February 2017.

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Hilcona takes over Frostag in Landquart

20.01.2017, Ad hoc publicity

Hilcona, which is part of the Bell Group, is taking over Frostag in Landquart, a company specialising in the preparation of pasta and vegetarian products. With 118 employees, the company has annual sales of more than CHF 10 million. Frostag will be managed as an independent company under the umbrella of Hilcona. The employees and proven management team will be taken over.

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Change in the Board of Directors of Bell Ltd

08.12.2016, Ad hoc publicity

The Board of Directors of Bell Ltd has nominated Reto Conrad as the new member of the Board of Directors. He will be proposed to the 2017 Annual General Meeting as the replacement for Leo Ebneter. Leo Ebneter, who has been on the Board of Bell Ltd since 2012, will retire in June 2017.

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Bell takes over Geiser AG, a specialist delivery company for the food service sector

19.09.2016, Ad hoc publicity

Bell takes over Geiser AG in Schlieren, a company specialising in deliveries to the food service sector. The company employs 120 people and generates annual sales of some CHF 45 million. All employees as well as the management team will be taken over.

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Bell Group grew in first half of 2016; takeover of Valais-based charcuterie specialist Cher-Mignon

18.08.2016, Ad hoc publicity

The Bell Group's sales strengthened by 26.2 % to CHF 1.6 billion. At CHF 119.8 million, EBITDA was up on the previous year by 32.4 %. The net profit after third-party interests rose by 13.3 % to CHF 36.2 million. Bell is also taking over Cher-Mignon, the Valais-based charcuterie specialist.

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Competition authorities approve Bell Ltd's acquisition of the Eisberg Group

17.05.2016, Ad hoc publicity

The competition authorities in Austria, Poland and Romania have given their unconditional approval for the acquisition of the Eisberg Group by Bell Ltd.

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European Competition Commission approves Bell Ltd's acquisition of the Huber Group

01.03.2016, Ad hoc publicity

The European Competition Commission has given its unconditional approval for the acquisition of the Huber Group by Bell Ltd. This clearance means that all conditions for the definitive completion of the takeover are fulfilled. The Huber Group will be fully consolidated in the Bell Group from 1 March 2016 onwards. Bell announced its plans to take over the Huber Group on 16 December 2015.

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Pleasing 2015 result for the Bell Group

25.02.2016, Ad hoc publicity

The Bell Group posted a pleasing result for 2015 and further expanded its market position. The annual profit rose by 8.0 % to CHF 94.8 million. The Board of Directors is requesting another increase in the dividend of CHF 5 to CHF 70 per share and will propose a share split in the ratio 1 to 10 to the General Meeting. With the acquisitions of the Huber and Eisberg Groups and a substantial investment programme in Switzerland, Bell has laid the groundwork for a positive future.

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The Bell Group takes over Eisberg, the salad specialist

10.02.2016, Ad hoc publicity

The Bell Group will take over the Eisberg Group specialising in convenience salads on 1 April 2016 and expand its own activities in this product sector.

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Bell Group increases sales revenue in 2015

14.01.2016, Ad hoc publicity

The Bell Group successfully upped its sales revenue by 8.5 percent to CHF 2.8 billion in 2015. The reported sales revenue was substantially influenced by the first consolidation of Hilcona, currency translation differences and the deflation in raw material prices.

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Bell Group is investing in the future: acquisition of the Huber Group and expansion of Swiss facilities

16.12.2015, Ad hoc publicity

The Bell Group has laid the groundwork for further sustainable growth. In March 2016, Bell will take over the Austrian poultry specialist Huber. The Board of Directors also approved an investment programme to further develop the facilities in Switzerland.

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Bell Group on a sound footing despite negative currency effects

18.08.2015, Ad hoc publicity

Key factors influencing the Bell Group's first half in 2015 include the previously announced full consolidation of Hilcona on 1 May 2015 and the scrapping of the EUR/CHF floor in January. The company is on a sound footing in Switzerland, partly thanks to a good barbecue season, and operational progress was achieved in the company's international business. Revenue at CHF 1.28 billion was around 0.2 percent higher than the previous year. EBITDA rose to CHF 90.5 million and the net profit increased by around 5 percent to CHF 32 million after adjustment for currency effects.

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New Head appointed for Bell International division

09.06.2015, Ad hoc publicity

The Board of Directors of the Bell Group has appointed the Head of the new Bell International division set up at the beginning of 2015. Daniel Böhny (53) will join the company on 1 November 2015 and take on the management of the division. Until this time, CEO Lorenz Wyss will continue to act as the ad interim head of the division. Daniel Böhny will join Lorenz Wyss (CEO and Head of Bell Switzerland division), Marco Tschanz (CFO/Head of Finance/Services division) and Christian Schröder (Head of Bell Germany division) on the Group Executive Board.

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The Bell Group had a successful 2014 financial year

19.02.2015, Ad hoc publicity

The Bell Group further expanded its strong market position. In the 2014 financial year, the net profit improved by 14.5% to CHF 87.7 million. The Board of Directors will request a dividend increase of CHF 5 to CHF 65 per share.

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Bell Group 2014: growth in ranges offering higher added value

12.01.2015, Ad hoc publicity

Bell Group held its own in a challenging environment. Ranges with higher added value posted encouraging growth. Nominal sales were affected by external factors such as negative inflation and currency fluctuations. At CHF 2.6 billion, Bell Group's sales were down 0.9 % on the previous year (-0.5 % adjusted for exchange rate differences). Sales volumes contracted by 1.1 % on 2013 to around 215.6 million kg.

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Bell Group appointed new CFO

26.09.2014, Ad hoc publicity

The Board of Directors of the Bell Group has appointed the successor to CFO Martin Gysin, who will be leaving the Group in 2015. Marco Tschanz (39) will join the Bell Group on 1 December 2014 when he will start preparing to take over his new remit. He will fully assume the position as CFO and take his seat on the Group Executive Board during the first quarter of 2015.

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Bell Group does well in the first half of 2014

21.08.2014, Ad hoc publicity

The Bell Group remains on course in a difficult market environment. Sales rose by 0.6 percent to CHF 1.28 billion. As both EBITDA and EBIT could be raised, the half-year profit improved by CHF 3.4 million or 13.6 percent to CHF 27.9 million.

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German Cartel Office imposes a fine – Bell rejects charges and will file an appeal

15.07.2014, Ad hoc publicity

In antitrust proceedings for illegal price agreement, the German Federal Cartel Office investigated charges against the former ZIMBO Fleisch- und Wurstwaren GmbH & Co. KG and Abraham GmbH and imposed a substantial fine on Bell Deutschland Holding GmbH, a direct subsidiary of Bell Ltd. Bell considers this fine to be unjustified and will vigorously defend itself against this decision.

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Bell's Group Executive Board to change

24.04.2014, Ad hoc publicity

After 20 years in post, long-serving CFO Martin Gysin has decided to slow down a little and has requested the Board of Directors to accept his resignation.

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90 and as snappy as ever – the popular sausage “Bell Würstli”

05.03.2014

It all began 90 years ago at the Basel Carnival “Morgenstraich” event: the sausage “Bell Würstli” was served for the first time on 10 March 1924. It took first Basel and then the rest of Switzerland by storm with a secret blend of spices and an extra lashing of home-produced beef for a snappy bite. To mark its 90th anniversary the sausage “Bell Würstli” is being produced in a jubilee wrapping. Bell is not only the creator of this special sausage, but also of the Basel Morgenstraich.

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Bell Group improves its profit in 2013 – dividend remains the same at CHF 60

24.02.2014, Ad hoc publicity

The Bell Group saw stable development in 2013. Sales grew by 3.7 % to CHF 2.62 billion. The net profit rose by 1.0 % to CHF 76.6 million. The dividend will be the same at CHF 60 per share.

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Bell Group posts 3.7 % sales growth in 2013

14.01.2014, Ad hoc publicity

Bell, the leading Swiss meat processing company, increased its sales revenue by 3.7 % in 2013 to CHF 2.62 billion. Sales growth was primarily price driven. Sales volumes declined by 1.7 % to 217.9 million kg.

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The Bell Group is on track in 2013

15.08.2013, Ad hoc publicity

Bell, Switzerland's largest meat processing company, remains on course in a demanding market environment. Sales revenue improved by 2.9 percent to CHF 1.27 billion, while the first-half profit contracted by CHF 0.5 million to CHF 24.5 million.

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Bell Group: Large-scale provider of tasty food

28.05.2013

Whether meat, poultry, charcuterie, seafood or convenience meals – the Bell Group offers everything that is needed for a treat on the plate. Some 6,500 employees in Europe make sure that a wide range of products is distributed fresh every day.

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New composition for Bell's Group Executive Board

02.05.2013, Ad hoc publicity

Christian Schröder will join the Group Executive Board of Bell Ltd on 1 June 2013. He has been the Head of the Bell Germany division since 2012.

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Bell Annual Report 2012: full version has been published

21.03.2013

The full version of the 2012 Annual Report of Bell Ltd has been published. It can be viewed on Bell's website or ordered from the media unit immediately. The information on the annual financial statements and corporate governance was already published in mid-February during the financial reporting procedure.

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Bell Group: stable performance in 2012

15.02.2013, Ad hoc publicity

Bell, Switzerland's largest meat processing company, is holding up well in a demanding market environment. Sales proceeds grew by 0.4 % to CHF 2.53 billion. Annual profit rose by 5.9 % to CHF 75.8 million. The Board of Directors is to propose an unchanged dividend of CHF 60 per share.

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Nomination for the Board of Directors of Bell Ltd

24.01.2013, Ad hoc publicity

The Board of Directors of Bell Ltd has nominated Andreas Land as new member of the Board of Directors. He will be proposed to the 2013 Shareholders' Meeting as the replacement for Joachim Zentes, who will leave the Board of Directors because he has reached the applicable age limit.

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Bell Group sees stable sales development in 2012

07.01.2013, Ad hoc publicity

Bell, the leading Swiss meat processing company, enjoyed a stable sales trend in 2012. In a difficult market environment, sales increased by 0.4 % to CHF 2.52 billion. Adjusted for exchange rate differences and structural changes, sales growth amounted to 0.6 %. Sales volumes declined by 1.1 % to 222.0 million kg.

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The Bell Group is holding up well in a difficult environment

09.08.2012, Ad hoc publicity

The Bell Group maintained its sales volumes in a difficult environment in the first half of 2012, while sales proceeds dropped due to lower average sales prices. Adjusted for exceptionals, the profit for the first half is on a par with the previous year. Bell expects the operating result for the year 2012 as a whole to be in line with the previous year.

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Change regarding important participation of Bell Ltd: Hilcona AG takes over Gastro Star AG

09.05.2012, Ad hoc publicity

Hilcona is acquiring Gastro Star AG, thereby strengthening its market position as a provider of a complete range of products in the fresh convenience food market segment.

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New management structure for Bell Ltd in Germany

27.04.2012, Ad hoc publicity

Bell Ltd wishes to announce the following change at senior management level in Germany, effective as of 1 May 2012: Christian Schröder, spokesman for the Abraham Group Managing Board, will assume overall responsibility for Bell's business in Germany. In an additional step, Bell plans to merge Bell Germany's administrative services and to relocate them from Bochum to the Seevetal location by the middle of 2013.

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Nomination for the Board of Directors of Bell Ltd

07.03.2012, Ad hoc publicity

The Board of Directors of Bell Ltd has nominated Leo Ebneter as new member of the Board of Directors.

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Bell to build a pork processing plant in Oensingen

21.02.2012, Ad hoc publicity

Meat processing specialist Bell Ltd has purchased an approximately 65,000 m2 plot of land in Oensingen and plans to have a modern pork processing factory up and running there by 2015/2016. The proximity of the new plant to the existing Bell fresh meat centre will provide synergy benefits.

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The Bell Group had a successful 2011

15.02.2012, Ad hoc publicity

In 2011 Bell, the largest Swiss meat processing company, seamlessly continued its success of the previous year. In adjusted terms, sales increased by 1.8 percent to CHF 2.52 billion. At CHF 71.6 million (+11.0 %), the annual profit also improved year-on-year. The Board of Directors will request a dividend increase of CHF 10 to CHF 60 per share.

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Bell Group continued to grow in 2011

06.01.2012, Ad hoc publicity

In 2011 the meat processing company Bell seamlessly continued its success of the previous year and continued to grow, both in Switzerland and internationally. Adjusted for currency and acquisition effects, sales rose by 1.8 % to CHF 2.52 billion while sales volumes improved by 1.9 % to 224.3 million kg.

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