French supermarket operator Intermarche has said that the company plans to increase the investment in its food production plants.
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Many of the facilities supply Intermarche’s stores and the company said it hopes the move will expand its presence as a distributor. The company’s food manufacturers also supply retailers, caterers and other channels – such as airlines – outside Intermarche’s own network.
A spokesperson for the group said that the investment would be targeted to increase capacity at company-owned food producers, which range from slaughter houses to bakeries and ready meals.
The company declined to elaborate on the scale of the investment, but according to French reports, Intermarche will invest EUR15m (US$21.6m) in the development of its pork business alone.
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By GlobalData
