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Nestlé opens major Nespresso production site in Avenches |
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Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
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[Follow the live webcast at 0900 CET]
Vevey, 10 June 2009 - Nestlé today inaugurated its second Nestlé
Nespresso Production and Distribution Centre in Avenches
(Switzerland) in the presence of Swiss Economic Affairs Minister
Doris Leuthard and Jean-Claude Mermoud, Minister of Economic Affairs
of the Canton de Vaud. Petraea Heynike, Executive Vice President of
Nestlé S.A. and Chairman of Nestlé Nespresso, and Richard Girardot,
CEO of Nestlé Nespresso, also attended.
Nestlé Nespresso is the world leader in top-quality, premium
portioned coffee. There are currently 7 million Nespresso Club
members in 50 countries and the business has enjoyed high
double-digit growth rates for nearly a decade, with sales now
exceeding CHF 2 billion. The new 400,000m3, state-of-the-art facility
in Avenches will fuel the company's future growth, producing and
distributing as many as 4.8 billion Nespresso capsules per year, a
capacity which may double over the next three years.
The new Nespresso site in Avenches is a CHF 300 million investment in
one of Nestlé's four key strategic growth platforms: nutrition,
health and wellness; popularly positioned products (PPPs);
out-of-home; and premium and luxury products. Along with Nespresso,
Nestlé's other premium and luxury products include Mövenpick of
Switzerland ice cream, S.Pellegrino and Perrier waters, as well as
Cailler, Perugina, Baci and Nestlé Noir chocolate. The overall
premium food and beverage market is due to grow by over 13% per annum
through to 2020.
Nestlé's investment in Avenches is another demonstration of Creating
Shared Value, the company's way of doing business. Clearly Nestlé is
benefiting from this project, as is the local community: over 65
local companies participated in the construction of the site. The new
Nestlé Nespresso Production and Distribution Centre will employ 340
people by the end of 2009, a number set to increase further to 600 by
the end of 2012, making Nestlé Nespresso the region's largest
employer. By 2012, an additional 1,400 people will benefit indirectly
from the company's activities in the area. Among many benefits Nestlé
has brought to Avenches are the cofinancing of the town's first child
daycare centre, and the factory supplying hot water to 520 local
households in summer.
The press conference and the inauguration ceremony will be webcast
live today from 0900 CET. An on-demand webcast will also be
available. For more details, go to the press kit.
Contact Media Robin
Tickle Tel.: +41 (0)21 924 22 00
Investors Roddy
Child-Villiers Tel.: +41 (0)21 924 36 22
--- End of Message ---
Nestlé S.A.
Avenue Nestlé 55 Vevey
WKN: 887208; ISIN:
CH0012056047; Index: SLCI, SMI, SPI, SMIEXP;
Listed: Main Market in SIX Swiss Exchange; Copyright © Hugin AS 2009. All rights reserved.
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