Hero, the Swiss preserves, snacks, and infant nutrition manufacturer, has announced plans to close its jam-making factory in Lenzburg, Switzerland, where the firm also has its headquarters. The decision was taken by the board after employee proposals submitted during the consultation period did not provide a viable alternative, the company said in a statement. The plant was opened in 2011 but never managed to reach adequate capacity utilization, a situation further …
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Hero Group
Swiss-based food company Hero has announced the acquisition of Canadian organic baby food firm Baby Gourmet. According to a company press release, the purchase is part of a strategy to increase the company’s baby food category footprint. “We are extremely pleased to have positively concluded the acquisition of Baby Gourmet and to have found a strategic partnership model with the founders to continue their entrepreneurial success story”, said Rob Versloot, CEO …
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