Danone has invested NZL 25 million ($18.3 million) in its Airport Oaks infant formula blending and processing facility in Auckland, New Zealand.
Danone says that the investment will double the production capacity of the facility, and will allow the brand to export greater quantities of infant nutrition products to other markets in the region such as Australia and China.
The investment comes as part of the company’s investment programme in New Zealand, which began with the acquisition of the Balclutha spray dryer and the Airport Oaks blending, packing and canning facilities in 2014.
Since then, the brand has invested NZL 85 million ($62.1 million) to upgrade and expand the production of infant nutrition products in the country.
