FrieslandCampina Restructures Cheese Packaging Activities
FrieslandCampina will restructure its cheese packaging activities and intends to close its location at Genk in Belgium. The intended closure will lead to 211 job losses. The employees involved have been informed about the plan.
The intended decision to close the Yoko Cheese location in Genk is based on the current underutilisation of the cheese packaging network, further portfolio optimisation and synergy benefits of concentrating cheese packaging activities at the group’s sites at Wolvega and Leerdam. The restructuring will further strengthen FrieslandCampina’s competitive position.
The plans are part of the acceleration of the corporate strategy ‘Our Purpose, Our Plan’ as announced on 10 November 2020 and will contribute to a structural reduction of overcapacity and announced savings. The intended closure of the Genk location is planned for the end of 2021.