Dutch food ingredient firm CSM is to relocate the Readi-Bake cookie business of its BakeMark UK subsidiary from Milton Keynes to its Wirral headquarters by the end of May.
The move will bring all frozen pastry products under one roof, creating a centre of excellence for BakeMark UK while promoting new product development, efficiency and innovation, the company said.
The move is part of CSM’s strategy to improve its profitability through restructuring, divestment and growth. The measures now being taken are in line with earlier announcements regarding the reinforcement of CSM’s strategic core activities in bakery products and food ingredients.
Some of the 97 Milton Keynes-based employees are expected to accept the offer of transfer to Wirral. Alternatively, they will be assisted in the search for other suitable employment.
Go deeper with GlobalData
