French food group Alain Glon Holding plans to ramp up the capacity of its subsidiary, crisp maker Altho, to tap potential markets in Spain and Italy, a spokesperson told just-food.
Altho makes crisps for supermarket private labels as well as under its own Bret’s brand name.
The company inaugurated a new production facility in Le Pouzin, southern France, last week. It has started “prospecting” Spain and Italy and the plant is strategically-placed to target these markets, the spokesperson said.
Having already invested EUR23m (US$28.9m) at its new plant, Altho also confirmed the injection of a further EUR9m by the end of next year. This will raise annual production capacity from 5,500 tonnes annually to 8,000 tonnes.
Investment will also target additional storage space for potatoes with a capacity of 2,000 tonnes and a 6,000 sqm logistics facility to house finished goods.
Expansion at the plant, which is expected to create 40 new jobs, is largely in response to the saturation of capacity at Altho’s Brittany plant.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData