September 27, 2016 4:15 PM ET

Food Products

Company Overview of Koninklijke FrieslandCampina N.V.

Company Overview

Royal FrieslandCampina N.V. provides dairy products 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 dairy based beverages, yoghurts, desserts, coffee creamers, condensed milk, infant nutrition, milk powder, butter, branded cheese, fruit juices, and beverages under the Campina, Chocomel, Frico, Friso, Fruttis, Landliebe, Milli, Milner, Mona, NoyNoy, Optimel, Peak, Pearl, and Rainbow brand names. The Consumer Products Asia segment provides infant nutrition products, dairy based beverages, yoghurts, milk powder, and...

Stationsplein 4

Amersfoort,  3818 LE

Netherlands

22,000 Employees

Phone:

31 33 713 3333

Key Executives for Koninklijke FrieslandCampina N.V.

Chief Executive Officer and Member of Executive Board
Age: 58
Chief Financial Officer and Member of Executive Board
Age: 45
Corporate Director, General Counsel and Company Secretary
Age: 54
Corporate Director of Treasury
Corporate Director of Communication & Sustainability Affairs
Age: 58
Compensation as of Fiscal Year 2016.

Koninklijke FrieslandCampina N.V. Key Developments

NIZO food research, Royal FrieslandCampina, Ruitenberg Ingredients BV and SONAC Burgum BV Announce New Collaboration

NIZO food research, Royal FrieslandCampina, Ruitenberg Ingredients BV and SONAC Burgum BV have announced that they will start a collaborative research program under the name TAPAS for the development of high-protein nutrition. The four companies put in knowledge and expertise from different angles: NIZO food research has in-depth knowledge of proteins and product/process interactions, Royal FrieslandCampina puts in its specific knowledge of dairy, Ruitenberg is specialised in vegetable proteins for the vegetarian industry and SONAC develops functional proteins for the meat industry based on animal by-products. The collaborative research program will ensure a more efficient development of foodstuffs that will find their ways to the market more quickly. The collaborative research program is supported from the Operationeel Programma Oost-Nederland, a collective programme of the provinces of Overijssel and Gelderland, the city networks Zwolle, Kampen Netwerkstad, Stedendriehoek, Netwerkstad Twente, Regio De Vallei and Stadsregio Arnhem Nijmegen. The programme includes activities that are co-financed by the European Regional Development Fund.

European Investment Bank Signs EUR 150 Million Loan with FrieslandCampina for Research and Development Activities in Europe

The European Investment Bank (EIB) has signed a EUR 150 million loan with FrieslandCampina for RandD activities in Europe. The operation with the EIB will sustain innovation at the company, allowing it to reinforce its leading position in a competitive market. FrieslandCampina will use the funding for research and development activities in facilities around Europe, with the lion's share being carried out in its innovation centre in Wageningen in the Netherlands. The activities will focus on the areas of nutrition, food structuring, packaging and process technology, as well as on sensory and dietary demand aspects of dairy products.

FrieslandCampina Plans to Cut 40 Permanent Jobs in Lochem and Veghel, in Netherlands over Coming Three Years

FrieslandCampina has conducted research to study the possibilities of improving the methods of working, and increasing efficiency while reducing the costs in its production facilities in Lochem and Veghel, in the Netherlands. With the research, the dairy company aims to achieve significant savings over the next three years, a major part of which can be attained through the enhanced utilisation of the capacity of production lines. FrieslandCampina noted that it can also save more if it reduces the use of materials and energy. The tasks and responsibilities of employees may change leading to the reduction of a number of jobs at various levels. FrieslandCampina may cut a total of 40 permanent jobs at its two locations in the Netherlands over the coming three years. Also, the number of temporary workers and contractual employees is expected to be structurally lowered. Savings at FrieslandCampina's Butter & Milkpowder facility in Lochem, which manufactures butter oil, butter and milk powder, can be primarily achieved by deploying standardised methods of working, reducing material losses, making enhanced use of capacity, as well as lowering the use of energy. Veghel's FrieslandCampina Ingredients facility, which produces milk and whey proteins for the food industry, can also improve its production capacity, along with the reduction of its loss of material and use of energy. These measures will affect 18 permanent and 14 temporary jobs in Lochem that currently employs 216 people, while 22 permanent and 34 temporary employees in Veghel will lose their jobs.

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