Danone to invest €240 million in Dutch plant3 Dec 2015
Danone is to invest €240 million to build a new plant for its Early Life Nutrition business in Cuijk in the Netherlands. With this investment, Danone said it will capitalise on strong and growing demand for its international early life nutrition brands.
Danone is to invest €240 million to build a new plant for its Early Life Nutrition business in Cuijk in the Netherlands. With this investment, Danone said it will capitalise on strong and growing demand for its international early life nutrition brands, including Aptamil and Nutrilon, for both standard and specialised products. The facility will start production in late 2017.The 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. “Building our new production plant in Cuijk is a major step for Danone and Nutricia,” said Felix Martin Garcia, Executive Vice President of the Danone Nutricia Early Life Nutrition division. “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 brand has had a proud heritage stretching back over more than 100 years.” Danone says the Cuijk location was chosen to capitalise on the expert know-how of current staff, and for the site’s proximity to Danone’s Research & Development centre in Utrecht, which is the company’s global hub for research dedicated to early life nutrition and advanced medical nutrition.
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