Dutch-Swedish confectioner Leaf International has decided to move some of its production in Denmark south to Slovakia.
Leaf, which is owned by private-equity firms CVC Capital Partners and Nordic Capital, will switch a part of its production at a site in the Danish town of Slagelse to its plant in Levice, Slovakia.
A line for Malaco-branded toffees, strawberry-flavoured sweets and salty confections will be launched at the Slovak site in January. The products will be exported to Germany, Denmark, Norway and Sweden.
“Overall, production will rise from the current 7,500 tons to 9,000 and 60% of our capacity will be used instead of merely 47%,” a spokesperson for Leaf Slovakia said.
The expansion will create 53 jobs within Leaf’s Slovak business but the spokesperson said no cuts will be made in Denmark. The Danish site will start making other brands including Läkerol candies.
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By GlobalData