FDBusiness.com

Alpro to Invest €80 million in 2015

 Breaking News
  • Sweets and Snacks New Product Development Thrives on Adventure and Bite-size Trends With one in four global consumers increasing their consumption of confectionery over the past year (Innova Market Insights Consumer Survey, 2018) because “there is more variety & novelty available,” the food industry is responding. New data from Innova Market Insights finds a 15 percent average annual growth in global confectionery launches with a “discovery” claim [...]...
  • 80,000 Tonnes of Skimmed Milk Powder Sold in Biggest Tender A total of 80,424.05 tonnes of the skimmed milk powder bought into public stock by the European Commission since 2015 were sold in the latest tender sale, bringing the remaining stock to around 22,000 tonnes out of the original 380,000 tonnes, stockpiled since the crisis that hit the dairy sector in 2015. In effect, almost [...]...
  • Müller Rolls Out ‘Stealth’ Milk Caps Müller, Britain’s leading producer of branded and private label fresh milk, cream, butter and ingredients, is rolling out a new lightweight recyclable milk cap, which uses 13% less plastic material. The innovative solution allows the business to remove 300 tonnes of plastic every year, the equivalent weight of 231 million ‘stealth’ milk caps. The dairy company has [...]...
  • Greene King Announces New Chief Executive The board of Greene King has announced that Nick Mackenzie will join the board on 1st May 2019 as chief executive in succession to Rooney Anand. Nick Mackenzie will be joining from Merlin Entertainments where, as a member of the executive committee, he is responsible for the Midway portfolio of attractions, which comprises over 100 [...]...
  • Irish Grocery Market Hits Festive Record as Retailers Cash in on Christmas The Irish grocery market grew by an impressive 3.0% over the 12 weeks to 30 December, ensuring a record festive period for retailers. The latest Kantar Worldpanel data shows value sales reached €995 million in the month of December – the highest monthly total ever recorded in the Irish grocery market. This was driven by [...]...

Alpro to Invest €80 million in 2015

Alpro to Invest €80 million in 2015
March 16
09:38 2015

Alpro, the Belgium-based pioneer and market leader for soya-based drinks and food products, is to invest €80 million in eight new production lines to hugely increase its production capacity for Europe. The expansion is in response to the continuing growth in sales of soy drinks, plant-based alternatives to yoghurt and the sale of drinks based on other ingredients such as almonds, oat, rice and coconut.

Since 2012, Alpro has been expanding its existing range of drinks and food products based on soy and introducing plant-based drinks based on almond and hazelnut. Alpro has already invested about €75 million in new production lines, recruited 200 new staff and made great efforts to promote its brand.

Bernard Deryckere, chief executive of Alpro.

Bernard Deryckere, chief executive of Alpro.

In 2015, an extra €80 million will be invested and 250 employees recruited. “In recent years, we’ve witnessed a strong growth of our company. From a company marketing soy-based products only, we’ve grown into a company focusing on several ingredients beside soy such as almond, hazelnut, oat, coconut and on several categories such as drinks, plant-based alternatives to yoghurt and cream, desserts, etc. To be able to maintain this growth, we will – also in the future – have to invest strongly and, this way, create scale effects,” explains Bernard Deryckere, chief executive of Alpro.

The eight new production lines – five in the biggest factory at Wevelgem in Belgium and three in the United Kingdom – will increase the total number of lines from 18 to 26. This will result in a major expansion in overall production capacity and necessitate the creation of 250 new jobs, of which 200 will be in Belgium.

Another innovation is that the almond and hazelnut drinks will as of now be manufactured in Alpro’s own plants. This will allow the company to better anticipate the further growth and development of these products. “At a time when other companies increasingly outsource, we choose to manufacture products that ‘are new and will become big’ internally to the maximum extent possible,” says Bernard Deryckere.

He adds: “The future is looking promising. According to our prognoses, the plant-based drinks and food market will grow in the next few years by another 15 -20% per year. Also on an international level, the growth margin is still considerable. Hence our investments in both new production lines and new employees but also in innovations.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements