Danone will spend €240 million (US$260.65 million) to build a new plant for its early life nutrition business and brands such as Aptamil and Nutrilon, for both standard and specialized products.
The facility will be built in Cuijk, the Netherlands, and will start production in late 2017.
This new plant is Danone’s largest investment in its European production capabilities, and will double its capacity in the Netherlands.
The output will be exported to more than 80 countries worldwide.
The Cuijk location was chosen to capitalize on skilled staff, and for the site’s proximity to Danone’s Research & Development center in Utrecht, which is the company’s global hub for research dedicated to early life nutrition and advanced medical nutrition.