French veal processing specialist Sobeval, part of Dutch group Van Drie, has invested EUR13m (US$17.8m) in a new plant in Boulazac, France.
The new 9,000 square metre facility will produce veal roasts, veal olives and braised veal shanks and raise the company’s existing capacity from 90 tonnes to 200 tonnes per week.
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Sobeval said the move will allow the company to launch products and also help a development strategy based on a growth in exports.
Sobeval’s share of global sales is projected to increase from 15% to 20% thanks to new markets opening up in the Middle East for halal and kosher meat.
In 2010, Sobeval is planning to invest EUR2.5m in an offal processing unit and a new freezing facility.
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