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SVZ TO ACQUIRE MONDI FOODS AND TO CLOSE PRODUCTION LOCATION ETTEN-LEUR

Written by Mondifoods Monday, 23 April 2012 17:15

SVZ TO ACQUIRE MONDI FOODS AND TO CLOSE PRODUCTION LOCATION ETTEN-LEUR

SVZ intends to buy Mondi Foods from SONO International. At the same time, SVZ announces the intention to end its production Etten-Leur, Netherlands. SVZ’s headquarters will remain in Etten-Leur.

The intended acquisition fits in SVZ´s strategy to strengthen its leading position in high quality fruit and vegetables purees, concentrates and colours. Mondi Foods is one of Europe´s leading suppliers of red fruit ingredients to the food industry and has production locations in Rijkevorsel, Belgium and Karczmiska, Poland and a sales office in the UK. Mondi Foods employs a staff of approximately 120.
The divestment of the activities of Mondi Foods fits Sono’s strategy to focus on tropical juices.

Finalisation of the acquisition is expected before summer, but is subject to advice by the works council and approval from the German competition authorities.

The closure of the Etten-Leur site is linked directly to changing market conditions. Consumer demands shift to more healthy, more nutritious food, which is produced in safe and sustainable circumstances. These changing expectations affect food companies as well as growers who produce fruit and vegetables. SVZ provides a vital link between the two. To help food companies meet consumer demands, SVZ wants to increase its emphasis on the relations with growers and at the same time reduce unnecessary costs in the supply chain.

As a result SVZ will transfer production capacity to its production centres in Poland and Spain, and away from the Benelux. For the production remaining in the Benelux, the smaller sized Rijkevorsel plant fits better with the future capacity needs. Therefore SVZ intends to close the production plant in Etten-Leur by mid 2013.

Approximately 70 jobs will be affected by the closure of the Etten-Leur site and the acquisition of Mondi Foods. The works councils and trade unions have been informed. An extensive social package will be offered to affected employees.
Both the acquisition and the closure of the Etten-Leur production site fit in SVZ’s strategy to be the partner of choice for world class food companies to meet changing consumer demands.

Sono International Acquires Mondi Foods

Written by Liz Windey Friday, 23 April 2010 16:28

Friday,April 23th, Rijkevorsel,Belgium

The location of the Mondi Foods facility in Rijkevorsel, close to the ports of Antwerp and Rotterdam, provides an ideal platform for Sono International to create a world class juice storage, blending, and distribution facility. By establishing an industrial juice blending operation in Rijkevorsel, Sono International will secure Mondi Foods' puree business over the longer term and expand its activities along the value chain, allowing greater opportunities for growth.
Sono International Ltd is a UK based company whose principal activities are the global sourcing, processing and distribution of fruit based agricultural products.
Your commercial contact at Mondi Foods remains unchanged.