The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
160 jobs Number of planned job creations
Announcement Date
30 April 2007
Employment effect (start)
1 June 2007
Foreseen end date
1 June 2010
Description
French co-operative food group Val Nantais announced on 30 April 2007 that it is planning to create 160 jobs between June 2007 and June 2010. The French food group is investing 15 million Euros in its Saint Julien de Concelles plant, near Nantes, in the Loire Atlantique department, in order to develop the production of pre-packaged, ready-to-eat lettuce. The two-stage programme will increase production capacity from 1,200 to 10,000 tonnes. Val Nantais hopes to capitalise on the increasing reluctance of consumers to wash lettuce themselves, a pattern that is causing sales of these ready-to-eat products to grow by 10% annually. Val Nantais currently employs 200 staff, producing 30,000 tonnes of vegetables that generate 50 millions Euros in sales.
Sources
3 May 2007: Ouest France
2 May 2007: Les Echos
27 April 2007: Ouest France
Citation
Eurofound (2007), Val Nantais, Business expansion in France, factsheet number 65300, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65300.
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