- Business
- Bell Food Group AG (BELL.SW) is one of Europe's leading manufacturers of meat and convenience products and the market leader in Switzerland. Founded in 1869 by Samuel Bell in Basel, where it maintains its headquarters, the company produces and distributes an extensive range of fresh meat including beef, veal, pork and lamb; poultry products under brands such as Hubers Landhendl, Bell and Süddeutsche Truthahn AG; charcuterie encompassing scalded sausages, cured sausages, air-dried ham specialities like Black Forest ham, Bündnerfleisch and Saucisson d'Auvergne; seafood via Bell Seafood; and convenience products such as ultra-fresh salads, cut vegetables and fruits from Eisberg, fresh and frozen meals, pasta, sandwiches, plant-based alternatives, tofu and vegan items from Hilcona, and non-perishable items including soups, sauces, seasonings, dressings and organic products from Hügli. These offerings serve retail trade, food service sectors including system caterers, hotels and takeaways, and food processing industries across 13 countries in Europe, with over 13,000 employees generating net revenues exceeding CHF 4.5 billion.
The company operates through divisions including Bell Switzerland, Bell International (covering Germany, Western and Eastern Europe), and Convenience and Services encompassing Eisberg, Hilcona and Hügli, with production at more than 50 sites emphasizing sustainability, regional sourcing and higher animal welfare standards. In recent developments, Bell Food Group acquired German cured ham producer Hermann Wein in an asset deal announced in November 2025 to bolster its position in the European cured ham market, subject to regulatory approval and expected to close in spring 2026. It is consolidating production by closing the Hügli plant in Redditch, UK, and relocating to sites in Germany and the Czech Republic, while optimizing the Eisberg facility in Marchtrenk, Austria, and selling Eisberg plants in Hungary, Poland and Romania for a one-off gain; these measures, incurring CHF 60 million in write-downs, aim to enhance capacity utilization, profitability and competitiveness. In 2024, the company expanded slicing capacity for charcuterie in Spain and Poland, commissioned a new deep-freeze warehouse in Switzerland, advanced investments in Liechtenstein facilities, reported 5.7% net revenue growth to CHF 4.7 billion and 3.6% EBITDA increase to CHF 351 million, and continued market share gains in segments like Romania, Hungary and non-perishables.