The works will manufacture caller branded products but nan Nutella and Ferrero Rocher brands proprietor besides said it will “cease” private-label accumulation astatine Alzira by nan extremity of 2026.
Credit: Walter Cicchetti/Shutterstock.com.
Ferrero, nan privately-owned confectionery giant, is investing successful nan “modernisation” of its crystal pick works successful Spain.
The move is intended to make nan Ice Cream Factory Comaker (ICFC) works successful Alzira, Valencia nan group’s European “technology hub for crystal pick development”, according to a connection from nan Italian firm.
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The €140m ($162.3m) task will grow capacity, “modernise” processes and rotation retired caller technologies. New accumulation lines will beryllium installed earlier 2030.
The works will manufacture caller branded products but nan Nutella and Ferrero Rocher brands proprietor besides said it will “cease” private-label accumulation astatine Alzira by nan extremity of 2026.
The tract will play a “pivotal” domiciled successful increasing nan company’s branded ice-cream portfolio crossed Europe nether a “long-term” maturation plan, added nan statement.
The move affects only nan Alzira facility, pinch operations astatine each different Ferrero ice-cream plants continuing unchanged.
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“Ferrero guarantees occupation continuity for each labor passim nan process, some successful agency and accumulation roles, though immoderate whitethorn return connected caller responsibilities wrong nan renewed structure,” nan connection read.
Just Food has asked for further details.
The institution acquired a controlling stake successful nan ICFC works successful 2019 and afloat acquired it 2 years later.
In April, Ferrero group retired plans to put C$445m (then $321m) to grow its accumulation tract successful Brantford, Canada. The finance included nan installation of accumulation lines for Nutella biscuits and Ferrero Rocher cocoa squares, a connection from nan Ontario authorities said.
Additionally, successful August past year, nan Tic Tac marque proprietor announced plans to put astir €170m (then $189m) successful upgrading its Stadtallendorf installation successful cardinal Germany.
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