Mondelez International, the snack maker that owns Cadbury, plans to invest over $100 million in a new biscuit factory in the Czech Republic.
“We’ve used all of our supply chain and R&D expertise to create a state-of-the-art factory with lines capable of making over a million Oreo biscuits a day. After it is completed, this plant will be a model in our global supply chain network,” said Phil Hodges, senior vice president, integrated supply chain, Mondelez Europe.
This is part of the firm’s wider aim to invest in advantaged assets to drive sustainable and profitable growth.
It builds on $240 million investment across European biscuits network since 2010, including sites in France, the UK and Central Europe.
“We’ve seen phenomenal growth in our biscuit business in recent years, especially our Oreo and belVita Power Brands. This new facility will help us keep up with future demand by creating additional capacity,” says Hodges.