View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
May 5, 2020

Czech giant Agrofert to close bakery

Czech agri-food giant Agrofert is to make a change to its bakery production network, a year after acquiring a local peer in the sector.

By Dean Best

Czech agri-food giant Agrofert is to make a change to its bakery production network, a year after acquiring local peer United Bakeries.

Agrofert is to shut a bakery factory in September and absorb the site’s capacity into its existing plants.

Some 160 job roles will be affected by the closure of the facility, which is located in the southern city of Brno.

A spokesperson for Agrofert said employees will be able to get new jobs at other plants, without providing further details.

The spokesperson added Agrofert had decided to close the factory, which makes bread, rolls and sweet pastry products, due to capital expenditure elsewhere.

“We moved production of pastry from Brno to a new modern bakery that we built near Brno in Rosice,” the spokesperson said.

Agrofert operates in the Czech bakery sector through its Penam subsidiary.

Penam and United Bakeries were the two largest bakery business in Czechia. The country’s competition watchdog cleared Agrofert’s takeover of United Bakeries last autumn.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food