French cheese maker, Fromageries Bel, whose brands include The Laughing Cow, is investing EUR25m (US$32.9m) in its two of its French production plants in the centre-west of the country.
Investment will target modernising manufacturing equipment, adding new capacity and increasing productivity.
The two plants, located in Evron and Sablé, produce Bel’s Mini-Babybel et Kiri brands and have a current combined annual capacity of 70,000 tonnes.
The investment programme will be implemented from early 2007 and cover an 18-month period. Funding from the European Union, the French State and other public authorities, will account for roughly 20% of the total amount.
Bel’s most recent investments have been outside of France, notably in Syria, Algeria, Canada and Turkey.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
