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Dutch ING snaps up Swedish supermarkets

Holland's ING Groep NV said that its Real Estate unit has bought 25 supermarkets in Sweden from the local retail group ICA.

ING Real Estate is to pay 93 million euros for the shops, which will be leased back by ICA for average periods of more than 10 years, ING said.

ING also said it will set up a new Real Estate Nordic Property Fund, to which the 25 ICA supermarkets will be added.

This fund will be set up in the fourth quarter of this year and will also include the Swedish Coop Norden portfolio, which was bought in December of last year for 445 million euros by ING Real Estate, ING said.

AFP

POLAND

Swedish beef fillet turns out to be horsemeat

Sweden's food safety regulator said on Monday it had asked prosecutors to investigate a company believed to have labelled Polish horsemeat as Swedish beef tenderloin.

Swedish beef fillet turns out to be horsemeat

“We can’t say with certainty where this meat comes from because the documentation is so inadequate,” Karin Cerenius of the control unit of the National Food Agency (Livsmedelsverket) told AFP.

The food security watchdog had been contacted by a consumer in Sundsvall in northern Sweden who was concerned over the size and colour of a beef steak she had bought from a local Ica Maxi grocery store.

The product was withdrawn from sale last week after tests showed it was 100 percent horsemeat.

The agency said inspections at Tallhöjden , based in Öxabäck in western Sweden, showed the firm had insufficient procedures in place for tracking “which products entered the company, which ones leave it, and how they are labelled.”

The company handled both beef and horsemeat, Cerenius said.

Tallhöjden’s head of sales, Johan Sahlin, said the meat had been ordered from another Swedish company that bought it from Poland, and insisted it had been labelled as beef.

“I bought beef fillet,” he said.

The agency’s report to prosecutors covers around 460 kilogrammes of meat, 300 of which remain at the Ica Maxi in Sundsvall, Cerenius told the TT news agency.

According to Tallhöjden, the mislabelled meat was also sold to a pizzeria.

The scandal of horsemeat being passed on as beef has engulfed a string of European countries with millions of ready meals pulled from supermarket shelves.

The row has ensnared major international corporations including Swiss group Nestle and Swedish furniture giant Ikea.

Around two weeks ago, food wholesaler Martin & Servera recalled around one tonne of roast beef that was labelled as pork from Poland, but which actually turned out to be horsemeat.

AFP/The Local/dl

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