Nutrition & Santé, the French dietary food specialist, is investing EUR20m (US$21.9m) in expanding its ol Revel plant.
EUR10m is earmarked for increasing the production capacity of the existing product range at the plant including ready meals.
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The other half has been spent on a new product range, Grill Végétal – a range of soya-based meat alternatives with wheat and available as steaks, cutlets, pieces and nuggets – which this week has its official launch in French supermarkets.
Nutrition & Sante said there are no immediate plans to launch the new products on international markets..
The investment will add 20 more jobs.
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The company has seven production plants, including one each in Spain and Brazil. It employs 1,500 staff and is on course to post a 2015 turnover of EUR415m, up more than 10% on last year.
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By GlobalDataLast month, Nutrition & Santé, which is owned by Japanese pharmaceuticals group Otsuka, announced plans to acquire Spanish counterpart, Bicentury, subject to regulatory approval.
