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 10.85 - Manufacture of prepared meals and dishes
200 jobs Number of planned job creations
Announcement Date
12 September 2017
Employment effect (start)
Foreseen end date
Description
Manufacturer of ready made meals KK Fine Foods has announced plans to create 200 new jobs at its site in Deeside, North Wales. The announcement follows the sale of 90% of the company to Belgium-based food company Ter Beke. This has generated funds for 13 million GBP investment to buy and renovate a 60,000 square feet unit on the same industrial site where the firm currently operates. A spokesperson for the company said that the investment was needed in order to match demand for the business's products. The new jobs are expected to be filled over a twelve month period.
Sources
12 September 2017: Daily Post
Citation
Eurofound (2017), KK Fine Foods, Business expansion in United Kingdom, factsheet number 92074, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92074.
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