BHJ Group, Denmark prepares for acquisitions

Meat groups with international headquarters in Graasten, Denmark prepares for growth and change in management. The international meat group BHJ Group are now getting ready for growth. - The company must grow over the next five years. Revenue and earnings to be up. On the earnings we go after doubling over the next five years, says 60-year-old William Hald-Christensen, who has just left the post of CEO of BHJ Group A / S after 22 years in Gråsten to Exchange. Vilhelm Hald-Christensen instead become European business development director in Luxembourg for the Group's U.S. owner, The Lauridsen Group Inc., Iowa, USA, and has also taken over the post of chairman of BHJ Group. And plans for BHJ Group's growth is clear. - We would like to buy up. The good acquisition targets are not on the trees, and initially it is a requirement that they fit into what we are dealing with in advance, says Vilhelm Hald-Christensen and interprets the strategy as follows: - Better to grow a little slower through organic growth than running out and implement what later turns out to be faulty acquisitions. And we must constantly make sure that the acquisitions carried out at the right price, so we know that the return on investment is in order. With William Hald-Christensen's departure split leadership up, so 43-year-old Asger S. Jacobsen is the new director of the ingredients, while the 46-year-old Torben T. Matzen is Director of the meat and byproducts. Source: www.food-supply.dk - January 13, 2012