Pinguin's Investment at Local Sites

Frozen food giant PinguinLutosa Food Group has made public its extensive investment programme for its UK activities which will see a total spend of close to £20m through 2010 and 2011.

Already underway is a major refit of PinguinLutosa UK's packing facilities as well as the commissioning last year of a brand new frozen bean production line at King's Lynn. At the close of 2010 £6.2m had been spent on PinguinLutosa UK's operations and this is in addition to the joint venture with Partner Logistics which has seen the opening of a state of the art cold storage facility in Wisbech, Cambridgeshire.

Still to come in 2011 will be an additional on site 10,000 pallet space cold store, a new high speed freezing production line, a more environmentally friendly biological effluent plant and a brand new development centre. A total investment of over £13m.

UK Managing Director, Peter Denolf commented that "this exciting investment plan keeps PinguinLutosa at the forefront of frozen food production in the UK and will allow us to continue to offer our customers a highly efficient service as well as top quality British produce."

As well as this huge investment in its UK business, PinguinLutosa Food Group also expects to complete the takeover of the d'aucy frozen food group in May 2011.