Danone Invests €240 million in the Netherlands
Danone announced that it is investing €240 million to build a new plant for its Early Life Nutrition business. With this investment, Danone will capitalize on strong and growing demand for its international early life nutrition brands, including Aptamil and Nutrilon, for both standard and specialized products. The state-of-the-art facility will be built in Cuijk in the Netherlands, and will start production in late 2017.
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 brand 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.
The new facility incorporates state-of-the-art technologies and will meet Danone’s targets for sustainability, offering very high energy efficiency and complying with the strictest CO2 emission standards.
Also thanks to the efforts of the Netherlands Foreign Investment Agency (NFIA) Danone has chosen for the location in Cuijk. NFIA is part of the Dutch ministry of Economic Affairs. Minister of Economic Affairs Henk Kamp: “Danone retains and expands its production capacity in Cuijk. That is good news for employment. Danone’s decision confirms once again that the Netherlands is an attractive country for foreign companies to establish international operations. We have a highly educated labor force, excellent infrastructure with good roads, internationally renowned airports and seaports, as well as top-ranking digital highways.”
The Dutch Daily News