The entrepreneur Clemens Tonnies (right) and his nephew Robert, here in March 2015. Court. The ongoing legal processes to be completed.
The years lasting power struggle in the family Tonnies for the leadership of Europe’s largest battle group is apparently finished. On Thursday it was announced that the majority owner and managing director Clemens Tonnies have with his nephew Robert agreed to end ongoing litigation. They shall be agreed to restructure the company and new lead equally. The Tönnies Group has around 8,000 employees, slaughters in 15 million pigs and reported a net sales of around 5.6 billion euros.
Author: Jan Grossarth, editor-in business, in charge of “people and economy”
A joint report by the “Neue Osnabrücker Zeitung” and the newspaper “Handelsblatt” on Thursday confirmed a company spokesperson this newspaper. “The shareholders and Robert Clemens Tonnies are in constructive discussions about a reorganization of the group with Clemens Tonnies and Robert Tönnies as managing director of a family holding company,” the spokesman said. So should “a sustainable structure of the company on the basis of equal rights of both shareholders” be created.
Further, as it became known, Clemens Tonnies is ready, the meat company “to mills” (Böklunder, around 600 million euros) to bring in the joint holding. For this he is to receive a “fair” price. The group is currently in its private ownership. The first does not become public purchase was one of the triggers for the family dispute. Robert felt betrayed itself.
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The restructured holding in Rheda-Wiedenbrück to be according to the report carried out surgically by salaried manager. The ownership shares in the group between Clemens and Robert, who in 1994 is a son of Clemens’ already late brother and co-founder Bernd remained unchanged at 50:50. Clemens Tonnies had long done with double voting rights, the company. To which the appellant it was in one of the processes between the two, the Clemens lost recently. Try the judge to move either to an extrajudicial agreement had failed. Tonnies delivers meat to Aldi, Lidl and Metro, invested millions in Russia and is also associated with the pharmaceutical industry in business, the hog casings needed.
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