Menu

Search

  |   Business

Menu

  |   Business

Search

Danone invests €12 million in plant-based food production in Spain

Danone has committed to reinvest and become a “local-first company”, as it strengthens its plant-based business and offers more alternatives.

Danone has invested €12 million in a new plant-based food production line at its Parets del Vallès factory dedicated exclusively to the manufacture of coconut and oat-based products under the company’s Activia, Alpro, and Oikos brands for both local and international markets.

As a result, Parets del Vallès will become Danone’s first hybrid factory that produces both dairy yogurts and plant-based alternatives.

Danone has committed to reinvest and become a “local-first company”, as it strengthens its plant-based business and offers more alternatives.

The company recently agreed to acquire Earth Island, maker of the dairy-free Follow Your Heart range.

Paolo Tafuri, CEO of Danone Spain, said they would drive the food revolution with innovation as the main force of transformation.

He added that Danone's commitment is to bring health through nutrition and hydration to as many people as possible.

The investment will create 12 new positions to join 181 employees at a 52,000 square-meter facility.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.