Belgian chocolate maker Guylian has confirmed it is to pump EUR6.8m (US$7.6m) into expanding production at its site in Sint-Niklaas, Belgium.
A spokesperson for the firm, which was acquired by South Korean conglomerate Lotte Corp. in 2008, told just-food the fresh investment will accommodate a new production line that “will answer global trends and new market segments”.
The chocolate-maker said the investment would also see it launch a new product line.
While Guylian exports its products to 120 countries and said it did not expect to reach all of them with the new product line, it would target those countries that were “interested”.
Work on the facility upgrade is expected to be complete by mid-2017. The new line is expected to start production between autumn and winter of 2017.