Dawn Meats has acquired a 49% stake in Elivia from Terrena, a leading co-op based in France, with activities across the agricultural industry. Dawn Meats has an option to acquire a further 21% stake which will be exercise in the near future. Financial details have not been disclosed.
Dawn Meats is one of the leading beef processors in Ireland and the UK with activities throughout Europe. Established in 1980, the company has a product portfolio spanning from bone-in and boneless meat to frozen burger patties and ready to heat meal solutions.
Elivia is the second largest beef processor in France, operating 16 facilities mainly in the west and north of the country.
Oaklins' team in Ireland acted as financial advisor to Dawn Meats in this transaction.
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