Vandemoortele

Type
Business expansion
Country
Belgium
Region
Vlaams Gewest; Prov. Oost-Vlaanderen; Arr. Gent
Location of affected unit(s)
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10 - Manufacture of food products
10 - Manufacture of food products
42 jobs
Number of planned job creations
Job creation
Announcement Date
25 April 2006
Employment effect (start)
Foreseen end date

Description

The Belgian family-business group ‘Vandemoortele’, specialised in the production and trading of oil, mayonnaise and margarine, saw its profits grow by 30% in 2005. Following this exceptional year, the group, which currently employs a total of 3,215 people (1,574 in Belgium), will invest more than EUR 90 million this year and will hire 149 people (of which 42 will be in Belgium).

Citation

Eurofound (2006), Vandemoortele, Business expansion in Belgium, factsheet number 63424, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63424.