FINLAND: Swedish plant to close as HKScan continues revamp
HKScan looking to improve efficiency across business
Finland-based meat products group HKScan has said a plant in Sweden will close as part of plans to restructure its manufacturing network in the country.
HKScan is going through a major restructuring programme across its operations, which take in Scandinavia, Poland and the Baltic states.
The company said today (4 March) it would "discontinue" operations at a site in the Swedish city of Örebro after deciding to move its production of skinless sausages further south to plant in Linköping.
The company is moving pig slaughtering and cutting from a facility in Skara to a slaughterhouse in Kristianstad - and to a site owned by meats firm Siljans Chark
The Linköping site will also take on beef cutting, while HKScan will sign a contract slaughtering agreement with local firm Skövde Slakteri.
Around 140 jobs will be lost at its facilities in Örebro and Skara. The company said around 50 posts will be added across its sites in Kristianstad and Linköping.
HKScan said the changes were set to be completed by the start of 2015. The revamp will cost EUR10.3m but the company hopes it lead to an improvement in profit worth EUR7m a year.
After the restructuring, HKScan's production in Sweden will be "centralised and integrated at four key locations" in Kristianstad, Linköping, Halmstad and Skara, the company said.
"We trust that these changes will ensure far better capacity utilisation, a competitive cost base and opportunities for profitable growth," Göran Holm, EVP of HKScan's consumer business in Scandinavia, said. "HKScan is strongly committed to developing and investing in the Swedish meat business and value chain."
Canadean's "HKScan Corporation : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a...
Finland-based meat processor HKScan is to offload an egg business in Estonia and the bulk of a hatchery unit in Finland, the latest moves to "simplify" its operations....
Synopsis The report provides a review of the latest news and key events in the global meat market during March 2014. Summary Using this report, marketers will effectively gain an insight into the lat...
The report provides a review of the latest news and key events in the global meat market during December 2013. Summary Using this report, marketers will effectively gain an insight into the latest ha...
The report provides a review of the mergers and acquisitions (M&As), partnering deals, and agreements entered into by companies active in the global meat market during February 2014....
- General Mills US "priority" categories gain share
- Interview part 2: BRF CFO Augusto Ribeiro
- The just-food interview: Doux CEO Arnaud Marion
- 2015 preview: A better deal for M&A sellers
- Cleaning up Tesco will have mixed supplier impact
- General Mills outlines "aggressive" NPD drive
- Kraft to reappraise business, says new CEO Cahill
- General Mills earnings drop one-third
- PepsiCo opens snacks plant in Saudi Arabia
- Bimbo to buy Saputo's bakery arm