FDBusiness.com

Nestle Invests in New Breakfast Cereals Factory in Turkey

 Breaking News
  • Ferrero to Acquire US Confectionery Company Ferrero Group is acquiring Ferrara Candy Company, the third largest non-chocolate confectionery company in the US, from L Catterton, the biggest and most globally consumer-focused private equity firm in the world. The terms of the transaction were not disclosed. Ferrara is best known as the maker of iconic brands such as Trolli, a leader in [...]...
  • Shift to Sustainable Food System in Europe is Possible – But Faces Challenges Making Europe’s production, consumption and trade in food environmentally sustainable is possible, but it will require a major shift in public attitudes, policies and knowledge and seizing current opportunities for change, according to a newly published European Environment Agency (EEA) report. The EEA report ‘Food in a green light,’ analyses the challenges Europe faces in shifting [...]...
  • Pet Food Producer Achieves 30% OEE Improvement and Brand Security With OAL Connected Wagg Foods, a leading producer of high-quality pet food, has increased its OEE efficiency by 30%, secured its packaging lines from errors and ensured full compliance with retailers’ code of practice with OAL Connected, a modular suite of packaging line software. Known for its laser-focus on quality, nutrition and product development, Wagg Foods prides itself on [...]...
  • Thirsty Business – How Water Reuse Can Benefit the Food and Beverage Industry By Martin Kunz, EMEA Segment Leader, Industry for Xylem’s Applied Water Systems business Only 2.5 percent of the world’s water is fresh water, and of that, only one percent is accessible as much is trapped in glaciers and snowfields. By one estimate, global fresh water demand will exceed supply by 40 percent in 2030 if current [...]...
  • Hilton Food Group to Move into UK Fish Processing Hilton Food Group, the UK-based specialist international meat packing business, has agreed to acquire Icelandic Group UK (Seachill), a leading chilled UK fish processor, for cash consideration of £80.8 million. The acquisition will provide Hilton with entry into the processing and supply of fish in the UK. Robert Watson OBE, chief executive of Hilton Food Group. Founded [...]...

Nestle Invests in New Breakfast Cereals Factory in Turkey

Nestle Invests in New Breakfast Cereals Factory in Turkey
March 25
12:52 2011

Nestle is to invest about SFr49.6m (Eur38m) in a new breakfast cereals factory in Turkey. The 9,400 sq m facility in Karacabey, Bursa will begin production by the end of the year and is set to generate 160 new jobs.

As a strong leader in the breakfast cereals category with brands such as Nesquik, Nesfit and Cornflakes, Nestle responded to the growing need of such products in Turkey with a new factory that will become a regional hub for breakfast cereals and export products to North African and Middle Eastern countries.

Previously Nestle imported breakfast cereal products into Turkey, but thanks to the new factory, the majority of Nestle products sold in Turkey will be produced in the country. All the raw ingredients for breakfast cereals will be sourced locally. The new factory will become Nestle’s 15th breakfast cereals site worldwide.

The breakfast cereals category in Turkey is also growing radidly with around seven million Turkish households continuing to buy breakfast cereals. Nestle currently operates six factories and employs around 2,400 people in Turkey.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 21, 2017Food & Nutrition Conference & Expo 2017
  • October 22, 2017Serbotel
  • October 22, 2017Natexpo
  • November 5, 2017FLEIFOOD 2017
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements