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”.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

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.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now