January 31, 2015 6:11 PM ET

Food Products

Company Overview of Koninklijke FrieslandCampina N.V.

Company Overview

Koninklijke FrieslandCampina N.V. provides dairy products and ingredients worldwide. It operates through four segments: Consumer Products Europe, Middle East & Africa; Consumer Products Asia; Cheese, Butter & Milkpowder; and Ingredients. The Consumer Products Europe, Middle East & Africa segment offers liquid milk, milk powder, condensed milk, infant nutrition, dairy based beverages, yoghurts, desserts, coffee creamers, cream, cheese, fruit juices, and beverages under the Chocomel, Frico, Fruttis, Landliebe, Milli, Milner, Mona, NoyNoy, Optimel, Peak, and Rainbow brands. The Consumer Products Asia segment provides liquid milk, milk powder, condensed milk, nfant nutrition, dairy based beverag...

Stationsplein 4

Amersfoort,  3818 LE

Netherlands

21,000 Employees

Phone:

31 33 713 3333

Key Executives for Koninklijke FrieslandCampina N.V.

President of the Board of Management and Chief Executive Officer
Age: 56
Chief Financial Officer and Member of Executive Board
Age: 43
Chief Executive Officer of DFE Pharma
Chief Operating Officer of Consumer Products Asia Business Group and Member of The Management Board
Age: 50
Corporate Director
Age: 52
Compensation as of Fiscal Year 2014.

Koninklijke FrieslandCampina N.V. Key Developments

FrieslandCampina Appoints Piet Hilarides as Chief Operating Officer, Consumer Products Asia

FrieslandCampina announced that Piet Hilarides has assumed the role of chief operating officer of its Consumer Products Asia business group. Piet is a member of FrieslandCampina's executive board and will be based in Singapore, FrieslandCampina's regional headquarters in Asia. In his new role, Piet will assume responsibility for the production and sales of FrieslandCampina's broad range of dairy products to consumers in Asia. During the past two years, Piet has also been responsible for developing and implementing the company's African strategy, including new market entry and mergers and acquisitions. Most recently, Piet was chief operating officer of the Cheese, Butter & Milkpowder business group from 2009 to 2014, based in the Netherlands.

FrieslandCampina Expands and Renovates Leeuwarden Plant

FrieslandCampina has announced that its Leeuwarden plant is expanding and renovating the production capacity of evaporated and condensed milk for export. With this expansion FrieslandCampina is responding to two new developments. On the one hand the growing demand for dairy products from Africa, Asia and the Middle East. On the other hand the expected growth of the amount of milk supplied by its member farmers after the milk quota have been abolished in 2015. Mid March the first pile of the 44 meter high building went into the ground. The first phase will be ready end 2015 or at the beginning of 2016. In 2017 the second phase will be fully operational.

FrieslandCampina to Close Sleidinge Facility in 2015; to Transfer the Bulk of the Production at Sleidinge to its Aalter Facility

FrieslandCampina announced that it will transfer the bulk of the production at Sleidinge to its Aalter facility, and close the Sleidinge facility in 2015. The management of the company announced this to the works council and its employees. This would have an impact on the Sleidinge facility's 134 permanent employees. The company's intention to transfer the production from the production facility in Sleidinge to Aalter and close the Sleidinge facility is the result of declining demand for dairy drinks due to adverse market conditions in Europe. As an additional factor, the technology and packaging of the products produced in Sleidinge no longer meet the expectations of consumer.

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