AAK enters formal consultation process regarding production consolidation to further optimize its European bakery business
Retrieved on:
Wednesday, June 30, 2021
KARLSHAMN, Sweden, June 30, 2021 /PRNewswire/ -- AAK has entered a formal consultation process with union delegates to carry out a production consolidation and subsequent closure of its site in Merksem, Belgium.
Key Points:
- KARLSHAMN, Sweden, June 30, 2021 /PRNewswire/ -- AAK has entered a formal consultation process with union delegates to carry out a production consolidation and subsequent closure of its site in Merksem, Belgium.
- The suggested initiative is in line with the company's strategy to optimize performance within the Bakery segment to improve cost efficiency and increase competitiveness.
- The production site in Merksem, Belgium, which employs approximately 100 people, is predominantly a bakery fats plant, mainly producing margarines and shortenings for the industrial market in continental Europe.
- "The proposed production consolidation would optimize our Bakery segment in line with our portfolio strategy", says Johan Westman, President and CEO, AAK Group.