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August 6, 2019

Valeo plots production move for UK confectionery brands

Ireland's Valeo Foods is moving the production of two brands produced by its UK subsidiary Big Bear Confectionery to another location, it has announced.

By Leonie Barrie

Ireland’s Valeo Foods is moving the production of two brands produced by its UK subsidiary Big Bear Confectionery to York in northern England where another subsidiary, Tangerine Confectionery, is based.

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Valeo is spending GBP7.5m (US$9.1m) on expanding the York site, a move that will increase production capacity by 30% and create 90 new jobs.

The move comes as Valeo prepares to close Big Bear’s facility in Leicester in England’s east Midlands. The site is expected to close in December.

Valeo bought Tangerine – which is behind brands such as Barratt, Refreshers and Dip Dabs – in 2018. Its merger with Big Bear Confectionery created Valeo Confectionery UK.

Now it has announced production of Big Bear’s brands Fox’s Glacier Mints and Poppets will move to the York facility.

The site is being expanded via the introduction of two new production lines. Work has already started with completion due to take place in October.

Valeo said the investment will also allow for an additional 2,000 tonnes of retailer own-brand confectionery to be produced at the factory.

Russell Tanner, marketing and category director at Tangerine Confectionery, said: “This investment marks a significant step in the amalgamation of our brands and is a hugely positive move for sweet production in York.

 “We aim to build on the heritage of Tangerine and Big Bear to be the most innovative, sustainable and supportive confectionery brand in the UK and this expansion will be the foundation of our new business.”

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Free Whitepaper
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What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:  
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  • What is the current inflation situation in the UK?
  • What impact is inflation having on UK retail sales?
  • What tactics are businesses relying on to tackle the effects of high inflation?
  • How are consumers changing their behaviors to cope with the higher cost of living?
  • Which industry sectors are most vulnerable to reduced consumer demand?
  • How is the government responding to high inflation?
  • How long will high inflation last in the UK?
  • How can your company survive and thrive in a high inflation environment?
Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.

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