The Montreal based food company said it’s taking the move because its European operations aren’t large enough to be profitable and there’s not much chance of turning that around in the near future.
A total of 140 employees will be affected if Saputo gets approvals for both closures.
The company is required under UK law to hold 30 days of consultation before it can close the plant in Wales. The Welsh plant, which makes mozzarella cheese for the food services industry, was acquired in 2007.
The German plant, which makes specialty cheeses for the retail market, was acquired in 2006.
Source: Financial Post
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