French vegetable processor Bonduelle has announced that it plans to close its Antwerp Westmeerbeek canning facility, with the loss of around 130 jobs.
A spokesperson for the company confirmed that the move comes in response to the “sluggish” consumption of canned vegetables in Europe and the site’s need for further investment to ensure continued operation.
Go deeper with GlobalData
“This is the smallest of the group’s canning operations and it has become uneconomical to keep running,” the group’s spokesperson said.
Bonduelle said that its operations have been hit by falling demand for canned vegetables, particularly in the Benelux and German markets.
Declining demand has resulted in overcapacity and a pressure on margins, which has had a negative impact on year-to-date profitability, the group revealed today (11 February).
See Also:
Responding to these pressures, Bonduelle insisted that it would look to streamline operations and maximise efficiency.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataProduction will be relocated to plants in northern France, Bonduelle added.
