Dutch food and nutrition group Royal Numico has announced that it has closed all the eight plants in its baby food manufacturing rationalisation plan in Europe.
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Of the last two, the plant in Friedrichsdorf (Germany) was closed in May, followed by the plant in Wells (UK) which was closed last week. All of the plant closures have been executed according to plan without any form of disruption and within the envisaged time table. The majority of related employees have already found alternative forms of employment.
The closure of these two plants will result in an incremental (one-off) cost of €2.5m in the second quarter of 2005 compared to the first quarter of 2005.
Project Focus is aimed at the optimisation and simplification of the company’s Baby Food manufacturing platform in Europe. The project was launched in July 2003 and will generate cumulative annualised cost savings of €35m in 2006.
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