This new plant is Danone’s largest investment in its European production capabilities, and will double its capacity in the Netherlands. Output will be exported to more than 80 countries worldwide.
Felix Martin Garcia, executive vice president of the Danone Nutricia Early Life Nutrition division said: “Building our new production plant in Cuijk is a major step for Danone and Nutricia. It will give us the capacity we need to meet rising demand for our early life nutrition products, and is consistent with our 2020 roadmap calling for strong, profitable and sustainable growth.
“We are also delighted to be making this investment in the Netherlands, where our Nutricia rand has had a proud heritage stretching back over more than 100 years.”
The Cuijk location was chosen to capitalize on the expert know-how of current staff, and for the site’s proximity to Danone’s Research & Development center in Utrecht, which is the company’s global hub for research dedicated to early life nutrition and advanced medical nutrition.
Following the announcement on July 24, 2015 announcing the conclusion of a preliminary agreement with Yashili and Mengniu, Danone announced the execution of a final sale agreement of Dumex in China to Yashili, for a total €150 million.
By bringing the Dumex and Yashili brands closer together, the operation will build a strong local infant milk formula (IMF) brand platform. This transaction remains subject to the approval of the relevant authorities and of Yashili shareholders.
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