RESHORING CASE

Vegter

Company details
Company name: 
Dicarcono
Company country: 
Spain
Sector: 
C - Manufacturing
Sector detail: 
C10 - Manufacture of food products
Sub-sectors: 
C10.7 - Manufacture of bakery and farinaceous products
Reshoring details
Reshoring announcement date: 
20/03/2018
Starting implementation date: 
April, 2018
Reshored to: 
Spain
Location of affected unit(s): 
Alicante
Location code: 
ES521
Reshored business function: 
Production
Partial or Total reshoring: 
Partial
Reshoring governance mode: 
In house (in own facilities)
Estimated job gains: 
20
Reasons for reshoring: 
Proximity to suppliers
Case narrative: 

In February 2018, the Dutch biscuits manufacturer Vegter was declared bankrupt, and its assets were sold to two companies. More specifically, the Dutch Hollandia Matzes bought the business of seasonal products (waffle rolls and squeezes only sold in the Netherland) while the Spanish Dicarcono acquired the remaining product lines which are addressed to foreign markets. Dicarcono is a biscuits manufacturer that already operates in Spain, Italy, France and England. After the acquisition, the Spanish company decided to move former Vegter production activities to Spain creating around 20 new jobs in its plant in Alicante.   

Sources: 

DvhN 20/03/2018

Tech2 20/03/2018

deVolkskrant 21/03/2018

Rtlz 21/03/2018

 

Offshoring details
Offshoring location: 
Netherlands
Offshored business function: 
Production
Offshoring governance mode: 
In house (in own facilities)
Host country geographical area: 
Western Europe