Netherlands: Upfield Group to invest €50 million on R&D

Upfield Group, the Netherlands-based manufacturer of plant margarines, spreads and cheeses, has announced its plans to invest €50 million on the creation of a new food science centre in the country.

According to company’s press release, the investment is a commitment to the development of great-tasting food made from plants and sustainable packaging solutions.

David Haines, CEO of Upfield Group, said: “The announcement today demonstrates our commitment to ambitious and pioneering research and development. Our track record is good. Since Upfield was established under two years ago, we have already launched new and industry-leading plant-based cheese, cream, and butter products”.

“The new Upfield Food Science Centre will allow us to accelerate our ambitious agenda and develop even more options so people can enjoy great-tasting, natural, plant-based foods that are not only beneficial to their health, but to the planet”.

Upfield Group also plans to open a Global Headquarter office in Amsterdam by the end of 2021.

Sources: Upfield Press Release